Question: At the end of the next two years, Bailey Delivery Company reported the following amounts on its balance sheets: December 31, 2019 December. 31,

   

 

At the end of the next two years, Bailey Delivery Company reported the following amounts on its balance sheets: December 31, 2019 December. 31, 2020 $ 57,000 $ 50,000 47,000 78,000 104,000 128,000 41,000 17,000 58,000 70,000 Current Assets Long-Term Assets Total Assets. Short-Term Notes Payable Long-Term Notes Payable. Total Liabilities. Stockholders' Equity 18,000 20,000 38,000 66,000 Compute the company's current ratio for 2019 and 2020.

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