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Business, 15.04.2020 05:15 fdzgema17

Calculate the current ratio using the following information: (Round your answer to two decimal places.) Cash $5,000 Accounts Receivable 1,100 Prepaid Rent 1,000 Land 40,000 Equipment 4,000 Accumulated Depreciation 1,200 Accounts Payable 3,000 Salaries Payable 900 Notes Payable—long term 9,000 Select one: A. 1.56 B. 3.09 C. 2.37 D. 1.82

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