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A partial balance sheet ($s in thousands) for Captain D's Seafood Inc. is shown below. Assets: Liabilities: Cash $67 Accounts payable $248 Accounts receivable (net)
A partial balance sheet ($s in thousands) for Captain D's Seafood Inc. is shown below.
Assets: | Liabilities: | ||
Cash | $67 | Accounts payable | $248 |
Accounts receivable (net) | 171 | Other liabilities | 86 |
Notes receivable | 59 | Total current liabilities | 334 |
Inventories | 201 | Long-term liabilities | 112 |
Prepaid expenses | 36 | Total liabilities | 446 |
Total current assets | 534 | Shareholders' equity: | |
Plant assets (net) | 266 | Capital stock | 157 |
Retained earnings | 197 | ||
Total stockholders equity | 354 | ||
Total assets | $800 | Total liabilities and equity | $800 |
The current ratio is (Round your answer to 2 decimal places):
.67 times
2.66 times
1.20 times
1.60 times
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