A company with a current ratio of 1.9 means that the company O A. has $1.90 of quick assets to pay each $1 of current liabilities OB. has $1.90 of current assets to pay each $1 of current liabilities OC. has $1.00 of current assets for every $1.90 of current liabilities. D. has $1.00 of quick assets for every $1.90 of current liabilities A company with a current ratio of 2,5 means that the company A. has $250 of quick assets to pay each $1 of current liabilities B. has $2.50 of current assets to pay each $1 of current liabilities O c. has $1.00 of quick assets for every $2.50 of current liabilities OD. has $1.00 of current assets for every $2.50 of current liabilities ea SIE Given the following information from Loo Company, what would the current assets section of the balance sheet include? ME Accounts Receivable $13,000 90-day Treasury Note $3,000 Cash in Checking Account $29,000 2-year Certificate of Deposit $1,000 AC Rea O A Cash $32,000 Accounts Receivable $13,000 B. Cash $33,000, Accounts Receivable $13,000 @OC. Cash $29,000; Cash Equivalents $4,000 Accounts Receivable $13,000 D. Cash & Cash Equivalents $46,000 FI Wonderland, Inc had credit sales for the period of $142,000. The balance in Allowance for Doubtful Accounts is a debit of $663. If WE Wonderland ages Accounts Receivable and determines estimated uncollectible accounts to be $2,870, what is the required journal entry to record estimated uncollectible accounts? AC Rea A. Debit Bad Debt Expense, S3,533; credit Allowance for Uncollectible Accounts, $3,533. O B. No entry is required OC. Dobit Bad Debt Expense, $2,207, credit Allowance for Uncollectible Accounts, $2,207 D. Debit Bad Debt Expense, $2,870; credit Allowance for Uncollectible Accounts, $2,870 FI