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 | b. Does the change in the current ratio from 20Y3 to 20Y4 indicate a favorable or an unfavorable change

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