Consider the following data collected for Westend Ventures Corp.

Calculate the current ratio, the operating profit margin (after-tax), and the noncash working capital for Westend Ventures Corp.

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Cash Acc. Receivable Inventories Assets Total current assets Gross fixed assets $35.000 Less: accumulated depreciation $13.250 Net fixed assets Total assets Balance Sheet Westend Ventures Corp. December 31, 2019 Liabilites & Stockholders Equity $1.000 Acc. Payable $8.900 Accruals $4.350 $14.250 $21.750 $36.000 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total shareh, equity Total liab. & equity $9.000 $6.675 $15.675 $4.125 $19.800 $1.000 $15.200 $16.200 $36.000 Income Statement Westend Ventures Corp. For the year ended Dec. 31, 2019 Sales revenue Less: Cost of goods sold Gross profit Less: Operating expenses Operating profit Less: Interest expense Net profit before taxes Less: Taxes (40%) Net proft aftertaxes $100.000 $87.000 $13.000 $11.000 $2.000 $500 $1.500 $600 $900 Cash Acc. Receivable Inventories Assets Total current assets Gross fixed assets $35.000 Less: accumulated depreciation $13.250 Net fixed assets Total assets Balance Sheet Westend Ventures Corp. December 31, 2019 Liabilites & Stockholders Equity $1.000 Acc. Payable $8.900 Accruals $4.350 $14.250 $21.750 $36.000 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total shareh, equity Total liab. & equity $9.000 $6.675 $15.675 $4.125 $19.800 $1.000 $15.200 $16.200 $36.000 Income Statement Westend Ventures Corp. For the year ended Dec. 31, 2019 Sales revenue Less: Cost of goods sold Gross profit Less: Operating expenses Operating profit Less: Interest expense Net profit before taxes Less: Taxes (40%) Net proft aftertaxes $100.000 $87.000 $13.000 $11.000 $2.000 $500 $1.500 $600 $900