Question: Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 2074 20Y3 Current assets $1,562,000 $1,113,000 Current liabilities 710,000 530,000 a.

Working capital and current ratio Current assets and current liabilities for

Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 2074 20Y3 Current assets $1,562,000 $1,113,000 Current liabilities 710,000 530,000 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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