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Based on the following data, what is the current ratio, rounded to one decimal place? Accounts payable Accounts receivable Accrued liabilities Cash Fixed assets Intangible
Based on the following data, what is the current ratio, rounded to one decimal place? Accounts payable Accounts receivable Accrued liabilities Cash Fixed assets Intangible assets Inventory Long-term investments Long-term liabilities Prepaid expenses Temporary investments $30,000 61,200 4,000 61,200 670,000 50,000 69,000 80,000 100,000 1,000 57,800
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