Working Capital and Short Term Liquidity Ratios Bell Company has a current ratio of 2.85 on December 31. On that date the company's current assets are as follows: Cash $31,400 Short-term investments 52,000 Accounts receivable (net) 169,000 Inventory 220,000 Prepaid expenses 11,600 Current assets $484,000 Bell Company's current liabilities at the beginning of the year were $135,000 and during the year its operating activities provided a cash flow of $50,000.