Question: Current Attempt in Progress Selected financial information is available for Sandhill Co. Year 1 Year 2 Year 3 Current assets 86,400 151,510 193,800 Current liabilities

Current Attempt in Progress Selected financial information is available for Sandhill Co. Year 1 Year 2 Year 3 Current assets 86,400 151,510 193,800 Current liabilities 64,000 109,000 102,000 Calculate the working capital for Sandhill Co. for the three years. Working capital Year 1 $ Year 2 $ Year 3 $ Calculate the current ratio of Sandhill Co. for the three years. (Round answers to 2 decimal places, e.g. 15.26:1.) Year 1 Current ratio :1 Year 2 Year 3 :1 :1 Comment on the trend of current ratio of Sandhill Co. Sandhill Co. show a trend of in the current ratio

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