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32 5 biets The classified balance sheet for a company reported current assets of $1,624,250, total liabilities of $815,540, Common Stock of $1,160,000, and
32 5 biets The classified balance sheet for a company reported current assets of $1,624,250, total liabilities of $815,540, Common Stock of $1,160,000, and Retained Earnings of $146,260. The current ratio was 2.5. Which of the following statements is not correct? Multiple Choice Total Assets are $2,121,800. Total Stockholders' equity is $1,306.260 Noncurrent liabilities are $146,260 The amount of current assets is 2.5 times the amount of current liabilities.
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