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3 Homework Saveu Accounts receivable Accounts payable Buildings Cash $18,500 Long-term notes payable 15,300 office supplies 63,000 Prepaid insurance 8,000 Unearned services revenue $34,000 3,100

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3 Homework Saveu Accounts receivable Accounts payable Buildings Cash $18,500 Long-term notes payable 15,300 office supplies 63,000 Prepaid insurance 8,000 Unearned services revenue $34,000 3,100 3,640 4,600 Compute Chavez Company's current ratio using the above information. Current Ratio Current Ratio 1 Choose Denominator: / Total assets / 11 Choose Numerator: Total liabilities Current ratio 0 11 es

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