multiple choice answers

a. 5.22

b. 1.00

c. 5.00

d. 2.02

A company's trial balance included the following account balances: Accounts Payable Accounts Receivable Cash Income Tax Payable Inventory Note Payable, due in two years Equipment Stockholders' Equity Supplies Wages Payable $ 19, 207 81,336 73, 324 3,512 25,816 1,709 54,128 202,808 5,512 12,880 What is the amount of the current ratio? (Round your answer to 2 decimal places.) Hasbro, Inc., produces products under several brands including Transformers, Nerf, My Little Pony, and Monopoly. Required: 1.82. The following are several of the accounts from a recent balance sheet. Indicate how each account normally should be categorized on a classified balance sheet. Use CA for current asset, NCA for noncurrent asset, CL for current liability, NCL for noncurrent liability, and SE for stockholders' equity. Also indicate whether the account normally has a debit or credit balance. Category Normal Balance 1. Accounts Receivable 2. Notes Payable (short-term) 3. Common Stock 4. Notes Payable (long-term) 5. Income Taxes Payable 6. Equipment 7. Retained Earnings 8. Accounts Payable 9. Cash