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On January 1, 2017 H.wdale Company had total assets of $368.000. Durto the yeat, the conpary purchased new machinery worth $90,000 and promited to pary

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On January 1, 2017 H.wdale Company had total assets of \$368.000. Durto the yeat, the conpary purchased new machinery worth $90,000 and promited to pary the artount due affer twe years. Throughout the year, it eamed thererae of $51,000 every moeth. Calcilate the assat bumever rabio. A. 149 inte1 B. 134 :imes c. 1 ities b. 12 times

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