Question: Using the following balance sheet and income statement data, what is the current ratio? Current assets $19800 Net income $42900 Current liabilities 10800 Stockholders' equity

Using the following balance sheet and income statement data, what is the current ratio? Current assets $19800 Net income $42900 Current liabilities 10800 Stockholders' equity 64400 Average assets 130400 Total liabilities 25600 Total assets 93800 Average common shares outstanding was 16000 1.83:1 0.77:1 3.66:1 0.57:1

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