Question: Current Attempt in Progress Larkspur, Inc. had the following transactions involving current assets and current liabilities during February 2022. Feb. 3 7 11 Collected accounts

 Current Attempt in Progress Larkspur, Inc. had the following transactions involving

Current Attempt in Progress Larkspur, Inc. had the following transactions involving current assets and current liabilities during February 2022. Feb. 3 7 11 Collected accounts receivable of $17,500. Purchased equipment for $30,300 cash. Paid $2,900 for a 1-year insurance policy. Paid accounts payable of $14,700. Declared cash dividends, $4,600. 14 18 Additional information: As of February 1, 2022, current assets were $139,300 and current liabilities were $33,400. Compute the current ratio as of the beginning of the month and after each transaction (Round all answers to 2 decimal places, eg. 1.83 : 1.) Current ratio as of February 1, 2014 :1 Feb.3 :1 Feb. 7 :1 Feb. 11 :1 Feb. 14 :1 Feb. 18 :1

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