Effect of transactions on current position analys Data pertaining to the current position of Forte Company follow: Cash $412,500 Marketable securities 187,500 Accounts and notes receivable (net) 300,000 Inventories 700,000 Prepaid expenses 50,000 Accounts payable 200,000 Notes payable (short-term) 250,000 Accrued expenses 300,000 3. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round to one decimal place. Working Capital Current Ratio Quick Ratio 2. Compute the working capital, the current ratio, and the quick ratio after nach of the following transactions, and record the results in the appropriate columns. Consider sach transaction separately and assume that only that affects the data given. Hound to one decimal place. a. Sold marketable securities at no gain or loss, $70,000 b. Paid accounts payable, $125,000 c. Purchased goods on account, $110,000 d. Paid notes payable, $100,000 Dedared a cash dividend, $150,000. 1. Dedared a common stack dividend on commen stock, $50,000. u borrowed cash from bank on a long-term nis, $225,000 Received cash an actunt, $125,000 ed addal shares of stack for cash, $600,000,0 1. Paid cash for paid expenses, $10,000. Transaction Working Capital Current Ratio Quick Ha