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Kershaw Corporation had the following list of items from its balance sheet in alphabetical order for year 2021 and 2022 31st DECEMBER 2022 31ST DECEMBER
Kershaw Corporation had the following list of items from its balance sheet in alphabetical order for year 2021 and 2022 31st DECEMBER 2022 31ST DECEMBER 2021 $115215 $125507 61809 97305 Accounts payable Accounts receivable Cash Income tax payable Inventory Marketable securities Prepaid expenses Salaries payable 26663 10066 114155 44711 43300 44254 31926 16257 97362 11154 23325 35424 During 2022, net credit sales and cost of goods sold were $663916 and $350880, respectively. Net cash provided by operating activities for 2022 was $142690 Compute the CURRENT RATIO for 2022 During 2022 net credit sales and cost of goods sold were $663916 and $350830, respectively Net cash prowded by opetating activities for 2022 was $142600 Compute the CURRENI RATIO for 2022
Kershaw Corporation had the following list of items from its balance sheet in alphabetical order for year 2021 and 2022 31st DECEMBER 2022 31ST DECEMBER 2021 $115215 $125507 61809 97305 Accounts payable Accounts receivable Cash Income tax payable Inventory Marketable securities Prepaid expenses Salaries payable 26663 10066 114155 44711 43300 44254 31926 16257 97362 11154 23325 35424 During 2022, net credit sales and cost of goods sold were $663916 and $350880, respectively. Net cash provided by operating activities for 2022 was $142690 Compute the CURRENT RATIO for 2022
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