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Accounts receivable Accounts payable Buildings Cash $ 23,000 Long-term notes payable 11,400 Office supplies 63,000 Prepaid insurance 9,600 Unearned services revenue Compute Chavez Company's current

Accounts receivable Accounts payable Buildings Cash $ 23,000 Long-term notes payable 11,400 Office supplies 63,000 Prepaid insurance 9,600 Unearned services revenue Compute Chavez Company's current ratio using the above information. $ 34,500 3,500 4,200 5,600 Current Ratio Numerator: 1 Denominator: = Current Ratio 1 = Current ratio I =

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