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Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash Accounts receivable, net Inventory Prepaid expenses $148 306
Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash Accounts receivable, net Inventory Prepaid expenses $148 306 144 28 $626 $302 $118 326 164 28 $636 $310 Total current assets Total current liabilities Sales on account in Year 2 amounted to $1,620 and the cost of goods sold was $1,000 The current ratio at the end of Year 2 is closest to Multiple Choice 0.74 2.07 1.12 0.76
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