Question: i need help finding the current ratio Income Statement Balance Sheet Assets 12/31/202012/31/201912/31/2018 Total Assets $768,144$573,100$89,500 Liabilities Liabilities begin{tabular}{|l|r|r|r|r|r|r|} hline Account Payable & $ &

Income Statement Balance Sheet Assets 12/31/202012/31/201912/31/2018 Total Assets $768,144$573,100$89,500 Liabilities Liabilities \begin{tabular}{|l|r|r|r|r|r|r|} \hline Account Payable & $ & 378,143 & $ & 132,062 & $ & 73,325 \\ \hline Notes Payable & $ & 131,300 & $ & 89,142 & $ & 33,520 \\ \hline Long-term Debt & $ & 15,756 & $ & 108,951 & $ & 102,655 \\ \hline \end{tabular} Stockholders' Equity Capital Stock \begin{tabular}{rrr|r|r|rrr} $ & 50,000 & $ & 50,000 & $ & 50,000 \\ $ & 192,945 & $ & 192,945 & $ & 130,000 \\ \hline \end{tabular} Total Liabilities \& Equity
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
