Question: table [ [ Cash , 3 , 1 0 0 ] , [ Common Stock, 1 0 , 4 0 0 ] , [

\table[[Cash,3,100],[Common Stock,10,400],[Equipment,2,700],[Income Tax Expense,300],[Interest Expense,50],[Notes Payable ( long-term),900],[Prepaid Rent,1,100],[Retained Earnings,2,600],[Service Revenue,5,300],[Short-Term Investments,6,300],[Software,1,700]]
3-a. Determine the current ratio.
3-b. Were the current assets sufficient to cover the current liabilities at June 30,2019?
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Determine the current ratio. (Enter your answers in millions (i.e.,10,000,000 should be entered as 10).)
\table[[Cash,3,100],[Common Stock,10,400],[Equipment,2,700],[Income Tax Expense,300],[Interest Expense,50],[Notes Payable ( long-term),900],[Prepaid Rent,1,100],[Retained Earnings,2,600],[Service Revenue,5,300],[Short-Term

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