Question: whats the given change in current ratio and effect on working capital current ratio 2.2:1 to 1 = 573,100 / 260,500 working capital 573,100 -

whats the given change in current ratio and effect on working capital current ratio 2.2:1 to 1 = 573,100 / 260,500 working capital 573,100 - 260,500 = 312,600 compute the following 1. cash payment of 67,500 for account payable 2. collection of 33,000 of bote receivable 3. purchase of merchandise of 41,300 on account 4. payment of dividends of 60,000 of which 42,000 has been shown as a accrued liability 5.;cash sale of machine for 80,000 with book value of 90,000 and acclimulated depreciation of 112,000

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