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gnments Use the following data to calculate the current ratio. R portugal Accounts payable...... $ 140,000 Accounts receivable... 100,000 Accumulated depreciation.. 40,000 Buildings...... 210,000 Cash..........

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gnments Use the following data to calculate the current ratio. R portugal Accounts payable...... $ 140,000 Accounts receivable... 100,000 Accumulated depreciation.. 40,000 Buildings...... 210,000 Cash.......... 130,000 Common stock. 240.000 Inventory...... 110,000 Land.... 180,000 Long-term stock investments. 170,000 Notes payable (due in 2 years)............ 160,000 Prepaid insurance 60,000 Salaries and wages payable.... 20.000 Trademarks.... 140,000 2.50 3.31 2.13 1.44

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