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Given the selected financial statement data for KRJ Enterprises presented below, calculate the current ratio. Note that all current asset accounts are listed. Present your
Given the selected financial statement data for KRJ Enterprises presented below, calculate the current ratio. Note that all current asset accounts are listed. Present your answer to two decimal places. e.g. 20.00 Cash & marketable securities $168 Accounts receivable $596 Inventory $646 Other current assets $179 Fixed assets (net) $1,322 Intangible assets $261 Long-term investments $116 Total current liabilities $846 Long-term debt $767 Other long-term liabilities $185 Stockholders' equity $1,181
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