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ZUTO. Dec. 31, Dec. 31, 2019 2018 Cash $220,400 $157,500 Temporary investments. 235,200 172,500 Accounts and notes receivable (net) 216,400 188,000 Inventories 302,400 233,100 Prepaid

image text in transcribedimage text in transcribed ZUTO. Dec. 31, Dec. 31, 2019 2018 Cash $220,400 $157,500 Temporary investments. 235,200 172,500 Accounts and notes receivable (net) 216,400 188,000 Inventories 302,400 233,100 Prepaid expenses 201,600 62,900 Total current assets $1,176,000 $814,000 Accounts payable $243,600 $259,000 Accrued liabilities. 176,400 111,000 Total current liabilities $420,000 $370,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Working capital Current ratio Quick ratio 2019 20Y8 Previous Email Instructor Subm All work saved. 235,200 172,500 Accounts and notes receivable (net) 216,400 188,000 Inventories 302,400 233,100 Prepaid expenses 201,600 62,900 Total current assets $1,176,000 $814,000 Accounts payable $243,600 $259,000 Accrued liabilities 176,400 111,000 Total current liabilities $420,000 $370,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Working capital 2019 2018 Current ratio Quick ratio b. The liquidity of Icon Living, Inc., has from 20Y8 to the 2019. The working capital, current ratio, and quick ratio have all Most of these changes are the result of O Ei All work saved. Previous Next Email Instructor Submit Test for Gr

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