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NEXT Multiple Choice Question 84 Use the following data to calculate the current ratio. Whispering Winds Corp. Balance Sheet December 31, 2022 $74500 103500 135000

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NEXT Multiple Choice Question 84 Use the following data to calculate the current ratio. Whispering Winds Corp. Balance Sheet December 31, 2022 $74500 103500 135000 76000 198500 187000 Accounts payable Salaries and wages payable Bonds payable Total liabilities Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks Total assets $125000 10300 151000 $286300 $210000 (64000) $278700 493000 146000 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 137500 $1058000 $771700 $1058000 2.88:1 O 2.35:1 O 1.95 : 1 3.28 : 1 Click if you would like to Show Work for this question: Qeen Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER C G a

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