Assume that at the end of 2025, Blossom used $3,720 cash to pay off $3,720 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) Current ratio Working capital $ eTextbook and Media :1 Compute the debt to assets ratio and the times interest earned for Blossom for 2025. (Round debt to assets ratio to 0 decimal places, e.g. 25% and times interest earned to 1 decimal place, e.g. 27.5.) Debt to assets ratio %

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business…