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Working Capital and Short Term Liquidity Ratios Bell Company has a current ratio of 2.85 (2.85:1) on December 31. On that date the company's current

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Working Capital and Short Term Liquidity Ratios Bell Company has a current ratio of 2.85 (2.85:1) on December 31. On that date the company's current assets are as follows Cash Short-term investments Accounts receivable (net) Inventory Prepaid expenses Current assets $16,400 49,000 169,000 200,000 11,600 $446,000 Bell Company's current liabilities at the beginning of the year were $137,000 and during the year its operating activities provided a cash flow of $55,000 a. What are the firm's current liabilities on December 31? Round answer to the nearest whole number. 156,491 V b. What is the firm's working capital on December 31? Round answer to the nearest whole number. 289,509 C. What is the quick ratio on December 31? Round answer to 2 decimal places 1.5 d. What is the Bell's operating-cash-flow-to-current-liabilities ratio? Round answer to 2 decimal places 0.35X Check

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