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

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 Cr. $ 62,000 29,000 11,800 230,000 $115,000 108,000 30,000 5,650 8,900 69,000 212,250 $440,800 $440,800 O O O o

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