Question: Using the following balance sheet and income statement data, what is the current ratio? Current assets $19200 Net income $43300 Current liabilities 12600 Stockholders equity

Using the following balance sheet and income statement data, what is the current ratio? Current assets $19200 Net income $43300 Current liabilities 12600 Stockholders equity 63400 Average assets 134400 Total liabilities 25600 Total assets 94200 Average common shares outstanding was 17000. 3.68:1 0.54:1 0.75:1 1.52:1

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