Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 141 $ 111 Accounts receivable, net 292
Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 141 $ 111 Accounts receivable, net 292 312 Inventory 123 143 Prepaid expenses 21 21 Total current assets $ 577 $ 587 Total current liabilities $ 274 $ 275 Sales on account in Year 2 amounted to $1,445 and the cost of goods sold was $895. The current ratio at the end of Year 2 is closest to: Multiple Choice O 0.62 O 1.05 O 0.60 O 2.11
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