Question Completion Status 1 poln QUESTION 35 Using the Balance Sheet given below calculate current ratio Cain Auto Supplies Balance Sheet December 31, 2016 Cash $ 80.000 $ 76,000 22,000 36.000 Prepaid insurance Accounts Receivable (Net) Accounts payable Interest payable Mortgage payable Total Liabilities 216,000 60,000 204,000 314,000 Inventory Land held for Investment 96,000 Land 90,000 Common Stock $ 144,000 300,000 132.000 Retained Earnings Total stockholders' equity 444,000 (24.000) Building and Equipment Less accumulated depreciation Trademark Copyright Total Assets 34.000 30.000 Total Liabilities & Stockholder' Equity $ 758,000 5758.000 Can Save and States and submit Chok Save All Anses to recllarum Bertinent de 94144 1&course id=_115874 1&content id 2432970_1tp=null * Question Completion Status: Balance Sheet December 31, 2016 Cash $ 80,000 $ 76,000 36,000 22.000 Prepaid Insurance Accounts Receivable (Net) Inventory Accounts payable Interest payable Mortgage payable Total Liabilities 60,000 216,000 204,000 314,000 Land held for investment 96.000 Land 90,000 Common Stock $ 144,000 132,000 Retained Earnings 300,000 Building and Equipment Less accumulated depreciation Trademark (24.000) Total stockholders' equity 444,000 34,000 Copyright 30,000 Total Liabilities & Total Assets $758,000 Stockholder Equity S758.000 0.82 0 180 3.99 11.00 Set Ale Click Save and submandsbut. Chek Soweitenes 15