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22. Boxford Auto Repair has the following account balances at December 31, 2018, from its adjusted trial balance (Click the icon to view the
22. Boxford Auto Repair has the following account balances at December 31, 2018, from its adjusted trial balance (Click the icon to view the account balances.) Compute Boxford Auto Repair's current ratio CED Select the labels then enter the amounts and compute the current ratio (Round your answer to two decimal places, XXX.) Total current assets Total current liabites Current ratio Data table Cash $ 2.200 Common Stock 22.000 Accounts Receivable 3,000 Retained Eamings 11,700 Prepaid Rent 2.100 Dividends 2.300 Office Supplies 3.200 Service Revenue 1.500 Equipment 34,700 Depreciation Expense-Equpman 500 Accumulated Depreciation-Equipment 1.700 Salaries Expense 400 Accounts Payable 5.000 Rent Expense 300 Notes Payable (long-term) 7,000 Utits Expense 300 Supplies Expense 700 Print Done
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