A partial balance sheet for Captain D's Sportswear is shown below dollars in thousands) Assets: Liabilities...

Transcribed Image Text:

A partial balance sheet for Captain D's Sportswear is shown below dollars in thousands) Assets: Liabilities Cash $67 Accounts payable 2248 Accounts receivable (net) Investments Inventory Prepaid rent Total current assets 175 Other liabilities 59 Total current 1iabilities 205 Long-tere liabilities 114 29 Tetal liabilities 450 535 Stockhelders equity Property & tquipnent, (net) 258 Comon stock 155 Retained earnings Total stockholders eguity Total liabilities and equity 188 343 Total assets $793 $793 The current ratio is (Round your enswer to 2 decimal pleces) e current ratio is: (Round your answer to 2 decimal pleces.) Multiple Choice 159 067 2.61 119 A partial balance sheet for Captain D's Sportswear is shown below dollars in thousands) Assets: Liabilities Cash $67 Accounts payable 2248 Accounts receivable (net) Investments Inventory Prepaid rent Total current assets 175 Other liabilities 59 Total current 1iabilities 205 Long-tere liabilities 114 29 Tetal liabilities 450 535 Stockhelders equity Property & tquipnent, (net) 258 Comon stock 155 Retained earnings Total stockholders eguity Total liabilities and equity 188 343 Total assets $793 $793 The current ratio is (Round your enswer to 2 decimal pleces) e current ratio is: (Round your answer to 2 decimal pleces.) Multiple Choice 159 067 2.61 119

Answer rating: 100% (QA)

Current ratio Current AssetCurrent Liab Cu... View the full answer