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A company's trial balance included the following account balances: Accounts Payable $ 19,387 Accounts Receivable 81,516 Cash 73,504 Income Tax Payable 3,692 Inventory 25,996 Note
A company's trial balance included the following account balances:
Accounts Payable | $ | 19,387 | |
Accounts Receivable | 81,516 | ||
Cash | 73,504 | ||
Income Tax Payable | 3,692 | ||
Inventory | 25,996 | ||
Note Payable, due in two years | 1,889 | ||
Equipment | 55,928 | ||
Stockholders Equity | 204,608 | ||
Supplies | 5,692 | ||
Wages Payable | 13,060 | ||
What is the amount of the current ratio?
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