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At the end of the next two years, Bailey Delivery Company reported the following amounts on its balance sheets: December 31, 2022 December 31, 2023
At the end of the next two years, Bailey Delivery Company reported the following amounts on its balance sheets: December 31, 2022 December 31, 2023 Current Assets $55,000 $56,000 Long-Term Assets 40,000 76,000 Total Assets 95,000 132,000 Short-Term Notes Payable 19,000 44,000 Long-Term Notes Payable 17,000 22,000 Total Liabilities 36,000 66,000 Stockholders Equity 59,000 66,000 Compute the companys current ratio for 2021, 2022, and 2023.
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