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Based on the following data, what is the current ratio (rounded to one decimal place) ? Accounts payable $31,000 Accounts receivable 58,000 Accrued liabilities 5,500
Based on the following data, what is the current ratio (rounded to one decimal place)?
Accounts payable | $31,000 |
Accounts receivable | 58,000 |
Accrued liabilities | 5,500 |
Cash | 42,000 |
Intangible assets | 49,000 |
Inventory | 71,000 |
Long-term investments | 82,000 |
Long-term liabilities | 102,000 |
Marketable securities | 31,000 |
Fixed assets | 675,000 |
Prepaid expenses | 1,100 |
a.5.6
b.6.6
c.3.6
d.7.8
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