Question: Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Properties Company follow: 20Y9 20Y8 Current assets $960,000 $1,320,000 Current liabilities 600,000

Working Capital and Current Ratio Current assets and current liabilities for

Konex Properties Properties Company follow: 20Y9 20Y8 Current assets $960,000 $1,320,000 Current

Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Properties Company follow: 20Y9 20Y8 Current assets $960,000 $1,320,000 Current liabilities 600,000 550,000 Determine the working capital and current ratio for 2019 and 20Y8. If required, round "current ratio" answers to two decimal places. 20Y9 20Y8 Working $fill in the blank 1 $fill in the blank 2 capital Current ratio fill in the blank 3 fill in the blank 4 Is the change in the current ratio from 20Y8 to 2019 favorable or unfavorable

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