2:22 4 65% + CH 13 Homework Question 3 of 5 -/1 Current Attempt in Progress Teal Mountain Inc. had the following transactions involving current assets and current liabilities during February 2019. Feb. 3 7 11 14 18 Collected accounts receivable of $10,700, Purchased equipment for $27.000 cash. Paid $4,100 for a 1-year insurance policy Paid accounts payable of $13,400 Declared cash dividends, $5.400 65% 2:22 + CH 13 Homework Question 3 of 5 ./1 Additional information: As of February 1, 2019, current assets were $129,200 and current liabilities were $36,600 Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e.g. 1.83: 1.) Current ratio as of February 1, 2019 Feb 3 -1 9.4 65% 2:22 6 CH 13 Homework Question 3 of 5 ./1 Feb. 7 Feb. 11 :1 Feb. 14 Feb 18 e Textbook and Media Save for Later Attempts: 0 of 3 used Subenit