Question: Based on the results in (a), the CFO requested that $21,000 of cash be used to pay off the balance of the accounts payable account

 Based on the results in (a), the CFO requested that $21,000
of cash be used to pay off the balance of the accounts

Based on the results in (a), the CFO requested that $21,000 of cash be used to pay off the balance of the accounts payable account on December 31,2022. Calculate the new current ratio and working capital after the company takes these actions. (Round current ratio to 1 decimal place, eg. 0.7:1 ) Current ratio Working capital The chief financial officer (CFO) of Carla Vista Co. requested that the accounting department prepare a preliminary balance sheet on December 30.2022 , so that the CFO could get an idea of how the company stood. He knows that current ratio of at least 2:1. The

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