Question: Selected condensed data taken from a recent statement of financial position of Perkins Inc. are as follows. PERKINS INC. Statement of Financial Position (partial) Other

Selected condensed data taken from a recent statement of financial position of Perkins Inc. are as follows.
PERKINS INC.
Statement of Financial Position (partial)
Other current assets ............. £ 5,571,000
Inventories................ 14,814.000
Accounts receivable ............ 12,545.000
Short-term investments ........... 4,947.000
Cash ................... 8,041,000
Total current assets............. £45,918,000
Total current liabilities ........... £40,644,000
What are the
(a) Working capital,
(b) Current ratio,
(c) Acid-test ratio?

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