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Accounts receivable Accounts payable Buildings Cash Choose Numerator $ 24,500 Long-term notes payable 19,500 office supplies Compute Chavez Company's current ratio using the above information.
Accounts receivable Accounts payable Buildings Cash Choose Numerator $ 24,500 Long-term notes payable 19,500 office supplies Compute Chavez Company's current ratio using the above information. Current assets 65,000 Prepaid insurance 8,700 Unearned services revenue 1 / 7 Current Ratio Choose Denominator Current liabilities 11 11 11 $ 26,500 4,200 4,920 3,900 Current Ratio Current ratio 0
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