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Calculate the current ratio using the following information: (Round your answer to two decimal places.) Cash Accounts Receivable $7,000 1,300 Prepaid Rent 800 Land 40,000
Calculate the current ratio using the following information: (Round your answer to two decimal places.) Cash Accounts Receivable $7,000 1,300 Prepaid Rent 800 Land 40,000 Equipment 4,000 Accumulated Depreciation 1,000 Accounts Payable 4,000 Salaries Payable 1,000 Notes Payable long term 9,000 OA. 1.66 OB. 1.82 OC. 2.28 OD. 2.84
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