Question: please complete the question In its most recent annual report, Appalachian Beverages reported current assets of $70,200 and a current ratio of 1.80 . Assume

please complete the question

In its most recent annual report, Appalachian Beverages reported current assets of $70,200 and a current ratio of 1.80 . Assume that the following transactions were completed: (1) purchased merchandise for $6.900 on account and (2) purchased a delivery truck for $10,000, paying $1,000 cash and signing a two-year promissory note for the balance. Required: Compute the updated current ratio after each transaction, by showing the cumulative effects of the transactions in the following table. (Round your answers to 2 decimal places.)

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