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Accounts receivable Accounts payable Buildings Cash $ 18,500 Long-term notes payable 11,700 Office supplies 49,000 Prepaid insurance 8,100 Unearned services revenue $ 29,500 3,300 3,720

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Accounts receivable Accounts payable Buildings Cash $ 18,500 Long-term notes payable 11,700 Office supplies 49,000 Prepaid insurance 8,100 Unearned services revenue $ 29,500 3,300 3,720 3,600 Compute Chavez Company's current ratio using the above information Choose Numerator: Current Ratio Choose Denominator: 1 / Current Ratio Current ratio 1

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