Question: Calculate the current ratio and working capital based on the preliminary balance sheet. (Round current ratio to 1 decimal place, eg. 0.7:1 ) Current ratio

Calculate the current ratio and working capital based on the preliminary balance sheet. (Round current ratio to 1 decimal place, eg. 0.7:1 ) Current ratio :1 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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