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Calculate Pronghorn's current ratio assuming the company uses (1) FIFO and (2) average cost to determine the cost of the ending inventory. (Round answers to

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Calculate Pronghorn's current ratio assuming the company uses (1) FIFO and (2) average cost to determine the cost of the ending inventory. (Round answers to 2 decimal places. 15.25 FIFO Average Current Ratio times times Textbook and Media Attempts: 0 of 15 used Sant An The following comparative cost information is available for Pronghorn Limited: FIFO Average Average Inventory $228,300 233,300 Cost of Goods Sold $732,500 717.900 Pronghorn's current assets are $435.000, exclusive of inventory. Its current liabilities are $336,000

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