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having trouble on these Homework questions Use the following data to determine the total dollar amount of assets to be classified as current assets. Cheyenne

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Use the following data to determine the total dollar amount of assets to be classified as current assets. Cheyenne Corp. Balance Sheet December 31, 2022 $73000 Accounts payable Salaries and wages payable Bonds payable Total liabilities 95500 136500 89500 186000 199500 Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks Total assets $129000 15800 163500 $308300 $200500 (74500) 126000 132500 Common stock Retained earnings Total stockholders equity Total liabilities and stockholders' equity $212200 518000 $730200 $1038500 $1038500 $394500 $308300 $258000 $580500 Using the following balance sheet and income statement data, what is the current ratio? Current assets Current liabilities Average assets Total assets $28500 14600 161900 130000 Net income Stockholders' equity Total liabilities $43400 76600 41700 Average common shares outstanding was 14800. O 2.7 : 1 0 2.0:1 O 0.5 : 1 O 3.0:1 In a recent year, Founder Corp. had net income of $157000, Interest expense of $31500, and income tax expense of $41700. What was Flounder Corp.'s times interest earned for the year? O 5.98 4.98 O 6.31 07.31

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