Question: 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

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 each transaction separately and assume that only that transaction affects the data given above. Format working capital as whole dollars. Round the current ratio and the quick ratio to one decimal place. Transaction Working Capital Current Ratio Quick Ratio a. Sold temporary investments for cash at no gain or loss, $55,000

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