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Information recorded on a company's balance sheet: Cash $25,000 A/P $14,000 A/R $27,000 Notes Payable $24,000 Merc.

Information recorded on a company's balance sheet:

Cash $25,000
A/P $14,000
A/R $27,000
Notes Payable $24,000
Merc. Inv. $24,000
Land $40,000
N/P $40,000
Equip. $33,000
Building $80,000
AD: Building&Equip $12,000

What is the current ratio?
What is the working capital of the company?

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