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Business, 09.09.2019 21:30 oof4457

Acompany reported the following in its recent balance sheet:
accounts payable $19,397
accounts receivable $81,526
cash $73,514
income tax payable $3,702
inventories $26,006
long-term liabilities $1,899
property and equipment $56,028
stockholders' equity $204,708
supplies $5,702
wages payable $13,070
what is the amount of the current ratio (round to two decimal places)?

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Acompany reported the following in its recent balance sheet:
accounts payable $19,397
...
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