Question: Please complete the following exercises: EA1. LO 5.3 Using the given balance sheet summary information, calculate the following for the 2 3 A. Working capital

Please complete the following exercises: EA1. LO 5.3 Using the given balance sheet summary information, calculate the following for the 2 3 A. Working capital B. Current ratio 12/31/2018 12/31/2019 Current assets $76,000 $295,000 Current liabilities 48,000 163,500 A. 12/31/2018 12/31/2019 Current Assets Current Liabilities Working Capital (CA - CL) B. 12/31/2018 12/31/2019 Current Assets Current Liabilities Current Ratio (CA/CL) 0

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