Effect of Transactions on Current Position Analysis Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate

columns. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place.

Data pertaining to the current position of Lucroy Industries Inc. are as follows:

Required:

Compute $($a$)$ the working capital, $($b$)$ the current ratio, and $($c$)$ the quick ratio. Round ratios to one decimal place.

a$.$ Working capital

$$

b$.$ Current ratio

c$.$ Quick ratio