Question: Hi, I'd like help with this question please. Thanks! Current Position Analysis The bond indenture for the 10-year, 8% debenture bonds dated January 2, 20Y8,

Hi, I'd like help with this question please. Thanks!

Hi, I'd like help with this question please. Thanks! Current Position Analysis

Current Position Analysis The bond indenture for the 10-year, 8% debenture bonds dated January 2, 20Y8, required working capital of $200,000, a current ratio of 2.0, and a quick ratio of 1.0 at the end of each calendar year until the bonds mature. At December 31, 20Y9, the three measures were computed as follows: a. There are errors in the calculation of the three measures of current position analysis. Determine the correct amounts. Round ratios to two decimal places. Working capital Current ratio Quick ratio b. Based on the data, all of the following are true, regarding the bond indenture, except: The company is in compliance with the requirements of the bond indenture

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