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I just couldnt figure out which of these were current assests or liabilities. Thank You. 10 of 10 (10 complete) > Homework: Chapter 4 Homework
I just couldnt figure out which of these were current assests or liabilities. Thank You. 10 of 10 (10 complete) > Homework: Chapter 4 Homework Score: 0 of 2 pts X S4-14 (similar to) Heart of Texas Telecom has these account balances at December 31, 2018 Click the icon to view the account balances) Requirements 1. Calculate Heart of Texas Telecom's current rato 2. How much in current assets does Heart of Texas Telecom have for every dollar of current abilities that we? Requirement 1. Calculate Heart of Texas Telecom's current ratio (Round your answer to two decimal places, X) Total current assets Total currenties Current ratio Data Table $ $ 4.400 Notes Payable, long-term Prepaid Rent Sales Payable Service Reven Oce Supplies AcoDeprecation Advertising Expen 8400 Accounts Payable 2.100 Accounts Receivable 2.500 Cash 12.500 Depreciation Expense 900 6.500 Como Stock 400 Rent Expense 5.900 3.400 1.400 23.000 3,500 1.100 Print Done
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