Assets Cash $65,000 Accounts receivable 18,750 Prepaid Rent -5 months 4,500 Short term investments 5,570 Equipment 75,000 Land 98,875 Total assets $267,695 Liabilities Accounts Payable $42,000 Unearned Revenue - due in 3 months 13,500 Bank loan due in 5 years 13,500 Total liabilities Owners' Equity $69,000 ve Retained earnings $35,000 Common stock 163,695 Total Owners' Equity $198,695 Total Liabilities & Owners' Equity $267,695 What is its Current Ratio? 1.95 0.068 205 ve quity Retained earnings Common stock Total Owners' Equity Total Liabilities & Owners' Equity What is its Current Ratio? 1.95 0.68 2.05 1.69 0.59