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A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $ 65 Accounts payable $241 Accounts receivable (net)
A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Liabilities: Cash $ 65 Accounts payable $241 Accounts receivable (net) 171 Other liabilities 86 Investments 58 Total current liabilities 327 Inventory 209 Long-term liabilities 111 Prepaid rent 35 Total liabilities 438 Total current assets 538 Property & Equipment, (net) 259 Common stock Stockholders' equity: Retained earnings Total assets 152 207 Total stockholders' equity 359 $797 Total liabilities and equity $ 797 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice 1.23. 0.68. 2.57
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