Question: 2019 Working Capital and Current Ratio Current assets and current liabilities for HQ Properties Company follow: 2018 Current assets $725,200 $807,500 Current liabilities 518,000 475,000
2019 Working Capital and Current Ratio Current assets and current liabilities for HQ Properties Company follow: 2018 Current assets $725,200 $807,500 Current liabilities 518,000 475,000 a. Determine the working capital and current ratio for 2019 and 2018. If required, round"current ratio answers to two decimal places. 2019 Working capital Current ratio b. Does the change in the current ratio from 2016 to 2019 indicate a favorable or an unfavorable change? 2018
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