Question: rt Time: 02:40 PM / Remaining: 10 min. RT RESOURCES ESTION G 1 Question 1 Selected financial information is available at July 31 for Cullumber

rt Time: 02:40 PM / Remaining: 10 min. RT RESOURCES ESTION G 1 Question 1 Selected financial information is available at July 31 for Cullumber Co. ore Cash and accounts receivable Current assets Current liabilities 2021 $21,330 36,450 27,000 2020 $22,355 36,031 25,300 Calculate (1) working capital, (2) the current ratio, and (3) the acid-test ratio for 2020 and 2021. (Round current ratio and acid-test ra 2021 2020 Working capital Current ratio : 1 Acid-test ratio :1 :1 indicate whether there was an improvement or deterioration in liquidity for Cullumber in 2021. Cullumber Co.'s liquidity show in 2021 compared to 2020. Privacy Polie

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