Question: Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 20Y4 20Y3 Current assets $1,586,250 $1,210,000 Current liabilities 705,000 550,000 a.

Working capital and current ratio

Current assets and current liabilities for Brimstone Company follow:

20Y4 20Y3
Current assets $1,586,250 $1,210,000
Current liabilities 705,000 550,000

a. Determine the working capital and current ratio for 20Y4 and 20Y3. Round Current ratio to 2 decimal places.

20Y4 20Y3
Working capital $ $
Current ratio

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