Question: Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Properties Company follow: 20Y9 2018 Current assets $1,432,900 $1,487,200 572,000 Current liabilities

Working Capital and Current Ratio Current assets and current liabilities for

Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Properties Company follow: 20Y9 2018 Current assets $1,432,900 $1,487,200 572,000 Current liabilities 623,000 a. Determine the working capital and current ratio for 2049 and 2048. If required, round "current ratio" answers to two decimal places. 2079 2018 Working capital Current ratio b. Is the change in the current ratio from 2088 to 2049 favorable or unfavorable

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