Question: Hep Save 12 Exercise 3-19 (Algo) Calculating ratios: solve for unknowns [LO3-8) 0.66 The current asset section of Guardian Constant balance sheet consists of cash,

 Hep Save 12 Exercise 3-19 (Algo) Calculating ratios: solve for unknowns

Hep Save 12 Exercise 3-19 (Algo) Calculating ratios: solve for unknowns [LO3-8) 0.66 The current asset section of Guardian Constant balance sheet consists of cash, accounts receivable and prepaid expenses. The 2021 balance sheet reported the following cath $1410.000 prepaid experies, $170,000, long term assets. $2.500.000, and shareholders equity $3600,000. The current ratio of the end of the year was 20 and the dette equity ratio west 201750 Required: Determine the following 2021 amounts and eatios (Round your "The acid test ratio answer to 1 decimal place.) who 1 Current habis 2 Long term lub Accounts receivable 4 The acid testato 5 500.000 5100 120.000 20 Hences

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