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Accounts receivable Accounts payable Buildings Cash $19,500 Long-term notes payable 15,000 office supplies 45,000 Prepaid insurance $21,500 3,700 4,200 8,700 Unearned services revenue 5,400

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Accounts receivable Accounts payable Buildings Cash $19,500 Long-term notes payable 15,000 office supplies 45,000 Prepaid insurance $21,500 3,700 4,200 8,700 Unearned services revenue 5,400 Compute Chavez Company's current ratio using the above information. Current Ratio Choose Numerator: / Choose Denominator: = Current Ratio Current ratio

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