The following contains information from the records of Bourne Engineers and Architects. Bourne Engineers and Architects Selected Financial Information December 31, 2025 Current Assets $ 90,000 Current Liabilities 30,000 LongTerm Assets 95,000 LongTerm Liabilities 60,000 Total Revenues 55,000 Total Expenses 34,000 Calculate the current ratio. (Round your answer to two decimal places.)

Answer rating: 100% (QA)

SOLUTION To calculate the current ratio we need to divide the ... View the full answer