Question: Use the following information to compute the current ratio Accounts Payable

Use the following information to compute the current ratio:
Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,100
Paid-In Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,750
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Accrued Wages Payable . . . . . . . . . . . . . . . . . . . . . 250
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,000


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  • CreatedApril 07, 2012
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