Working Capital and Short-Term Liquidity Ratios Richardson Company has a current ratio of 1.50 on December 31, Year 9. The following year-end data for the firm's current asset accounts is also available: Richardson Company's current liabilities at the beginning of Year 9 were $120,000, and during the year its operating activities provided a cash flow of $98,000. a. What are the firm's current liabilities on December 31, Year 9? $Answer 1 b. What is the firm's working capital on December 31, Year 9? $Answer 2 Calculate the following ratios for Year 9 : Ratio Numerator Denominator Result c. Quick Ratio Answer 3 Answer 4 = d. Operating-cash-flow-to-current-liabilities ratio (also called current cash debt coverage) Answer 5 Answer 6 =