Marsulex Inc. began the month of March with $750,000 of

Marsulex Inc. began the month of March with $750,000 of current assets, a current ratio of 2.5 to 1, and an acid-test ratio of 1.1 to 1. During the month, it completed the following transactions:

Marsulex Inc. began the month of March with $750,000 of

Required
Prepare a schedule showing Marsulex Inc.’s current ratio, acid-test ratio, and working capital after each of the transactions. Round calculations to two decimalplaces.

Copyright © 2019 SolutionInn All Rights Reserved