Question: Use the information in the adjusted trial balance presented below to calculate the current ratio for Wicked Wicker Company Account Title Cash Accounts receivable Prepaid
Use the information in the adjusted trial balance presented below to calculate the current ratio for Wicked Wicker Company Account Title Cash Accounts receivable Prepaid insurance Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Unearned revenue Long-term notes payable Retained earnings Totals Dr. Cr. $ 77,000 34,000 13,800 280,000 $140,000 113,000 35,000 6,900 10,400 84,000 241,500 $517,800 $517,800 Multiple Choice 0.42 2.12 229. 2.16 O 239
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