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Current Attempt in Progress Your answer is partially correct. Wildhorse Incorporated had the following transactions involving current assets and current liabilities during February 2 0

Current Attempt in Progress
Your answer is partially correct.
Wildhorse Incorporated had the following transactions involving current assets and current liabilities during February 2027.
Feb. 3 Collected accounts receivable of $15,200.
7 Purchased equipment for $32,946 cash.
11 Paid $2,000 for a 1-year insurance policy.
14 Paid accounts payable of $14,000.
18 Declared cash dividends of $6,900.
Additional information:
As of February 1,2027, current assets were $135,660 and current liabilities were $32,300.
Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, eg.1.83.)
Current ratio as of
Feb. 1,2027 :1
3 :1
7
:1
11
:1
14
;1
18
:1
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