1. Compute (a) the working capital, (b) the currant ratio, and (c) the quick ratio. Round the current ratio and the quick ratio to one decimal place. 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns. Consider and the quick ratio to one decimal place. Effect of Transactions on Current Position Analysis Data pertaining to the current position of Newlan Company are as follows: Instructions: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round the curren