QS 17-7 Working capital and current ratio L.04 Using the information above, calculate the: a. Working capital b. Current ratio and calculate the quick ratio. Round calculations to two decimal places. c. What is the difference between working capital and the current ratio? d. Assuming this company's current ratio was 1.12:1 in the last accounting period, does the result of the calculation in part (b) above represent a favourable or unfavourable change? At the end of the last accounting period, this company's quick ratio was 0.82:1. Has the change in the quick ratio been favourable or unfavourable