Question: Current Attempt in Progress Using the following balance sheet and income statement data, what is the current ratio? Current assets $19800 Net income $42900 Current

 Current Attempt in Progress Using the following balance sheet and income

Current Attempt in Progress Using the following balance sheet and income statement data, what is the current ratio? Current assets $19800 Net income $42900 Current liabilities 10800 64400 Stockholders' equity Total liabilities 130400 25600 Average assets Total assets 93800 Average common shares outstanding was 16000. 1.83:1 0.77:1 3.66:1 0.57:1

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