Question: Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 20Y4 20Y3 Current assets $1,836,000 $1,249,500 720,000 510,000 Current liabilities

Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 20Y4 20Y3 Current assets $1,836,000 $1,249,500 720,000 510,000 Current liabilities

Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 20Y4 20Y3 Current assets $1,836,000 $1,249,500 720,000 510,000 Current liabilities a. Determine the working capital and current ratio for 20Y4 and 20Y3. Round Current ratio to 2 decimal places. Working capital $ Current ratio 20Y4 20Y3 b. Does the change in the current ratio from 20Y3 to 20Y4 indicate a favorable or an unfavorable change?

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