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Accounts receivable Accounts payable Buildings Cash $20,500 Long-term notes payable 14,700 Office supplies 48,000 Prepaid insurance 7,900 Unearned services revenue $27,500 3,500 4,840 4,700 Compute

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Accounts receivable Accounts payable Buildings Cash $20,500 Long-term notes payable 14,700 Office supplies 48,000 Prepaid insurance 7,900 Unearned services revenue $27,500 3,500 4,840 4,700 Compute Chavez Company's current ratio using the above information. Current Ratio Choose Denominator: Choose Numerator: Current Ratio 1 1 Current ratio

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