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help plz and thank you Carla Vista Incorporated had the following transactions involving current assets and current liabilities during February 2022. Feb.3 Collected accounts receivable
help plz and thank you
Carla Vista Incorporated had the following transactions involving current assets and current liabilities during February 2022. Feb.3 Collected accounts receivable of $14,200. 7 Purchased equipment for $28,400 cash. 11 Paid $2,000 for a 1-year insurance policy. 14 Paid accounts payable of $13,000. 18 Declared cash dividends of $5,600. Additional information: As of February 1, 2022, current assets were $129,480, and current liabilities were $49,800. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal ploces, eg. 1.67.) As of February 1,2022 , current assets were $129,480, and current liabilities were $49,800. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal ploces, eg. 1.67.)
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