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Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 134 $ 104 Accounts receivable, net
Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 134 $ 104 Accounts receivable, net 278 298 Inventory 102 122 Prepaid expenses 14 14 Total current assets Total current liabilities $ 528 $ 538 $ 246 $ 240 Sales on account in Year 2 amounted to $1,270 and the cost of goods sold was $790. The current ratio at the end of Year 2 is closest to: Multiple Choice 0.46 0.98 2.15 0.48
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