Question
Accounts receivable Accounts payable Buildings Cash $ 18,000 Long-term notes payable 11,000 Office supplies 45,000 Prepaid insurance 7,000 Unearned services revenue Compute Chavez Company's
Accounts receivable Accounts payable Buildings Cash $ 18,000 Long-term notes payable 11,000 Office supplies 45,000 Prepaid insurance 7,000 Unearned services revenue Compute Chavez Company's current ratio using the above information. Choose Numerator: I Current Ratio Choose Denominator: Current Ratio Current ratio $ 21,000 2,800 3,560 3,000
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
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