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Compute Brady's current ratio. Select the labels then enter the amounts and compute the current ratio. (Round your answer to two decimal places, X.Xx.) Total
Compute Brady's current ratio. Select the labels then enter the amounts and compute the current ratio. (Round your answer to two decimal places, X.Xx.) Total current assetsTotal current liabilities Current ratio = Data Table Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation- Equipment Accounts Payable Notes Payable (long-term) $ 5,050 Brady, Capital S37,250 2,600 2,400 200 600 1.100 700 500 3,500 Brady, Withdrawals 1,500 Service Revenue 2,700 Depreciation Expense Equipment 35,600 Salaries Expense 1,300 Rent Expense 5,100 Utilities Expense 8,000 Supplies Expense
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