Question: Compute Chavez Company's current ratio using the information below. Accounts receivable Accounts payable Buildings Cash $29,500 Long-term notes payable 17,700 Office supplies 66,000 Prepaid insurance

 Compute Chavez Company's current ratio using the information below. Accounts receivable

Compute Chavez Company's current ratio using the information below. Accounts receivable Accounts payable Buildings Cash $29,500 Long-term notes payable 17,700 Office supplies 66,000 Prepaid insurance 7,800 Unearned services revenue $20,500 3,100 4,680 4,600 Current Ratio Choose Numerator: 1 Choose Denominator: Current assets 1 Current liabilities Current Ratio Current ratio = 1 = 0

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