Question: Please provide the correct answer to this general accounting problem using accurate calculations. Denton Electronics reported the following balances at year-end: Cash: $45,000 Accounts Receivable:

Please provide the correct answer to this general accounting problem using accurate calculations.

Denton Electronics reported the following balances at year-end: Cash: $45,000 Accounts Receivable: $90,000 - Inventory: $120,000 - Prepaid Expenses: $15,000 - Accounts Payable: $60,000 e Accrued Liabilities: $30,000 Notes Payable (due in 18 months): $50,000 What is Denton Electronics' current ratio

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