Question: Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.5.) Current assets

Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.5.)

Current assets

$144,320
Total assets

738,000
Current liabilities

65,600
Total liabilities

410,000

(1)

Current ratio

enter ratio rounded to 1 decimal place : 1

(2)

Working capital

$enter a dollar amount

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