Working capital and current ratio urrent assets and current liabilities for Sandstone Company follow: 2049...
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Working capital and current ratio urrent assets and current liabilities for Sandstone Company follow: 2049 2018 Current assets $1,719,860 $1,250,000 Current liabilities 761,000 590,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input you answers in the questions below X Open spreadsheet a. Determine the working capital and current ratio for 2019 and 2078. If required, round"current ratio" answers to two decimal places. 2019 20Y8 Working capital Current ratio b. Is the change in the current ratio from 20Y8 to 2049 favorable or unfavorable
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