Calculate the current ratio using the following information: (Round your answer to two decimals.) Cash $7,000 Accounts

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Calculate the current ratio using the following information: (Round your answer to two decimals.)

Cash $7,000

Accounts Receivable 1100

Prepaid Rent 900

Land 40000

equipment 4000

accumulated depreciation 800

accounts payable 3000

salaries payable 900

notes payable-long term 9000

Related Book For answer-question

College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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Posted Date: Oct 24, 2019 12:14 AM

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Calculate the current ratio using the following information: (Round your answer to two decimals.) Cash $7,000 Accounts

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College Accounting Chapters 1-30

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