Question: Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Properties Company follow: 2019 2018 Current assets $1,421,400 $1,757,700 Current liabilities 618,000

Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Properties Company follow: 2019 2018 Current assets $1,421,400 $1,757,700 Current liabilities 618,000 567,000 a. Determine the working capital and current ratio for 2049 and 2078. If required, round current ratio answers to two decimal places. 2019 2018 Working capital Current ratio b. Is the change in the current ratio from 2048 to 20y9 favorable or unfavorable? Previous

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