Question: Exercise 186 Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.S.)

 Exercise 186 Based on the following information, compute the (1) current

Exercise 186 Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.S.) Current assets $200,000 900,000 Current liabilities 80,000 Total liabilities 500,000 Total assets (1) Current ratio (2) Working capital

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