CHAPTER 2 The B 2. Which of the following are the amounts in the company's accounting equation (A = L + SE) for the 2013 fiscal year end? a. $15.279+ $23.348= $40.518 b. $40,518 = $27.996 + $12,522 C. $41,084 $23.307 + $17.777 d. $78,812= $5,385 +$73,427 What is the company's current ratio at February 2, 2014? a. 0.38 b. 1.42 c. 0.70 d. 1.45 3. hat does the company's current ratio in requirement 3 indicate? a. The company has more than one dollar of current assets for every dollar of liabilities due in the next year. b. The company has less than one dollar of current assets for every dollar of liabilities due in the next year c. Less than half of the company's assets are current. d. Less than half of the company's liabilities are current CHAPTER 2 The B 2. Which of the following are the amounts in the company's accounting equation (A = L + SE) for the 2013 fiscal year end? a. $15.279+ $23.348= $40.518 b. $40,518 = $27.996 + $12,522 C. $41,084 $23.307 + $17.777 d. $78,812= $5,385 +$73,427 What is the company's current ratio at February 2, 2014? a. 0.38 b. 1.42 c. 0.70 d. 1.45 3. hat does the company's current ratio in requirement 3 indicate? a. The company has more than one dollar of current assets for every dollar of liabilities due in the next year. b. The company has less than one dollar of current assets for every dollar of liabilities due in the next year c. Less than half of the company's assets are current. d. Less than half of the company's liabilities are current