Question: M2-12 Computing and Interpreting the Current Ratio LO2-5 Refer to the following data of Sal's Taco Company: Current Assets $280,000 $270,000 Current Liabilities $155,000 $250,000

M2-12 Computing and Interpreting the Current Ratio LO2-5 Refer to the

M2-12 Computing and Interpreting the Current Ratio LO2-5 Refer to the following data of Sal's Taco Company: Current Assets $280,000 $270,000 Current Liabilities $155,000 $250,000 End of 201:3 End of 2014 Calculate the current ratio for Sal's Taco Company at the end of 2013 and 2014. Current Ratio Numerator 2013 Denominator 2014 Numerator Denominator

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