Question: please either make a table or give an answer that i can completely understand! Plum Corporation began the month of May with S700.000 of current

please either make a table or give an answer that i can completely understand!

please either make a table or give an answer that i can

completely understand! Plum Corporation began the month of May with S700.000 of

Plum Corporation began the month of May with S700.000 of current assets, a current ratio of 2.50:1. and an acid-test ratio of 1.10:1. During the month, it completed the following transactions (the company uses a perpetual inventory system). May 2 Purchased S50.000 of merchandise inventory on credit. Required: Prepare a table showing Plum's (1) current ratio. (2) acid-test ratio, and (3) working capital, after each transaction. (Do not round intermediate calculations. Round your ratios to 2 decimal places and the working capitals to nearest dollar amount. Subtracted amount should be indicated with a minus sign.) Transaction Current Assets Quick Assets Current Liabilities Current Ratio Acid-Test Ratio Working Capital

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