Question: Using the following Balance Sheet summary information, calculate for the two years presented: Balance Summary Sheet Information Account Title 1 2 / 3 1 /

Using the following Balance Sheet summary information, calculate for the two years presented:
Balance Summary Sheet Information
Account Title 12/31/202212/31/2023
Current Assets $10,500 $12,050
Current Liabilities 7,50010,800
Score
Order =1 point each | total =2 points.
Please Note:
Although you are not creating a financial statement, order does matter.
Type your response in a table or use the attached worksheet and upload a PDF of your response.
Follow the order of the accounting equation (Assets = Liabilities + Equity).
See LO 5.3(textbook) for help with calculating working capital and current ratios.
Solutions for A =1 point each | total 4 points.
What is the Working Capital for 12/31/2022?
What is the Working Capital for 12/31/2023?
What is the Current Ratio for 12/31/2022?
What is the Current Ratio for 12/31/2023?
Solutions for B =1 point each | total =4 points.
What is the Working Capital for 12/31/2022?
What is the Working Capital for 12/31/2023?
What is the Current Ratio for 12/31/2022?
What is the Current Ratio for 12/31/2023?

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