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Cogo Corp. reported the following balance sheet: $5,000 Accounts payable Cash $28.000 |12.000 Notes Payable 15.000 Accounts receivable Accruals 17.000 Inventory 45.000 45.000 122.000 Long-Terms

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Cogo Corp. reported the following balance sheet: $5,000 Accounts payable Cash $28.000 |12.000 Notes Payable 15.000 Accounts receivable Accruals 17.000 Inventory 45.000 45.000 122.000 Long-Terms Debt Net Fixed Assets 10,000 Common Stock 121.000 Retained Earnings $210.000 $210.000 Total assets Total Liab. & Equity Congo Corp.'s current ratio is 2.59 274. 2.98 3.88

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