putt SCREEN PRINTER VERSION BACK Calculate the current ratio and working capital based on the preliminary balance sheet. (Round Current Ratio to 1 decima place, e.g. 0.7:1. Current ratio Working capital 1.94 :1 31000 SHOW SOLUTION LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 3 used Earn Maximum Points available only if you answer this question correctly in two attempts or less. Based on the results in (a), the CFO requested that $21,300 of cash be used to pay off the balance of the accounts payable account on December 31, 2017. Calculate the new current ratio and working capital after the company takes these actions. (Round Current Ratio to 1 decimal place, e.g. 07:1.) Current ratio working capital Version 4.24.4.5 All Rights Reserved. A Division of SAMSUNG putt SCREEN PRINTER VERSION BACK Calculate the current ratio and working capital based on the preliminary balance sheet. (Round Current Ratio to 1 decima place, e.g. 0.7:1. Current ratio Working capital 1.94 :1 31000 SHOW SOLUTION LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 3 used Earn Maximum Points available only if you answer this question correctly in two attempts or less. Based on the results in (a), the CFO requested that $21,300 of cash be used to pay off the balance of the accounts payable account on December 31, 2017. Calculate the new current ratio and working capital after the company takes these actions. (Round Current Ratio to 1 decimal place, e.g. 07:1.) Current ratio working capital Version 4.24.4.5 All Rights Reserved. A Division of SAMSUNG