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Current Attempt in Progress The 2020 and 2021 partial balance sheets for Wildhorse Industries is shown below. 2020 2021 Current assets Cash and cash equivalents
Current Attempt in Progress The 2020 and 2021 partial balance sheets for Wildhorse Industries is shown below. 2020 2021 Current assets Cash and cash equivalents Accounts receivable, net Inventory Marketable equity securities Total current assets Plant & equipment, net Total assets $ 27000 $ 25900 31000 35000 36000 34000 6100 5960 100100 100860 68900 41140 $169000 $142000 Current liabilities Noncurrent liabilities Total liabilities Total stockholders' equity Total liabilities and stockholders' equity $31000 $41000 71000 50978 102000 91978 67000 50022 $169000 $142000 Calculate the current ratio for 2021. 2.46 01.24 0.71 O 0.63 View Policies Current Attempt in Progress Assume a sales price per unit of $20, variable cost per unit $16, and total fixed costs of $211680. What is the breakeven point in dollars? O $1058400 O $529200 O $846720 O $264600
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