Question: somehow the ratio is wrong and I don't get it. capital = 250,800 and liabilities= 114,000. Wouldn't i just divide the two? Total current liabilities
Total current liabilities 114,000 Feedback Check My Work Prepare the liabilities section of the balance sheet. 2. Compute Kruse's working capital. 250,800 3. Compute Kruse's current ratio. Round your answer to one decimal place. 2.3 X : 1 What does this ratio indicate about Kruse's condition? It seems that Kruse has sufficient current assets to meet its short-term obligations
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