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A company's trial balance included the following account balances: Accounts payable $19,217 Accounts receivable 81,346 Cash 73,334 Income tax payable 3,522 Inventories 25,826 Note payable,
A company's trial balance included the following account balances: Accounts payable $19,217 Accounts receivable 81,346 Cash 73,334 Income tax payable 3,522 Inventories 25,826 Note payable, due in 1,719 two years Equipment 54,228 Stockholders' equity 202,908 Supplies 5,522 Wages payable 12,890 What is the amount of the current ratio (round to two decimal places)? 5.00 2.02 5.22 1.00
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