Question: S 4-12 Identifying current accounts and computing the current ratio A1 Compute Chavez Company's current ratio using the following information. Accounts receivable.... Accounts payable.... Buildings....

S 4-12 Identifying current accounts and computing the current ratio A1 Compute Chavez Company's current ratio using the following information. Accounts receivable.... Accounts payable.... Buildings.... Cash.... $18,000 Long-term notes payable.. $21,000 11,000 Office supplies 2,800 45,000 Prepaid insurance... 3,560 7,000 Unearned services revenue. 3,000

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