-/35 View Policies Current Attempt in Progress Oriole SA had the following transactions occur involving current assets and current liabilities during February 2020. BEE Feb. 3 7 11 Accounts receivable of R$ 16,500 collected Purchased equipment for $30,800 cash. Paid R$3,300 for a 1-year insurance policy. Accounts payable of R$13,440 are paid. Cash dividends of R$5,500 are declared 14 18 Additional information: 1. As of February 1, 2020, current assets were R$154.000, and current liabilities were R$55,000 2. As of February 1, 2020, current assets included R$11,000 of inventory and R$5.500 of prepaid expenses. (a) Compute the current ratio as of the beginning of the month and after each transaction (Round answers to 1 decimal place, es 1.7.) Current ratio February 1 11 February 3 :1 February 7 :1 February 11 21 February 14 :1 February 18 :1 Safor Liter Attempts: unlimited Submit