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A corporation reports the foliowing year-end balance sheet date. The companys current ratio quals Cao Accounts receivable Inventory Equipment Total asets $ 56,000 Current liabilities

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A corporation reports the foliowing year-end balance sheet date. The companys current ratio quals Cao Accounts receivable Inventory Equipment Total asets $ 56,000 Current liabilities 71,000 Long-tern Liabile 76,000 Common stock 161,000 retained earnings $364,000 Total liabilities and equity 5.91,000 48.000 115,000 109.000 $364,000 Multiple Choice 0.62 140 223 0.38

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