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 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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