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Panhandle of Nebraska Shipping has these account balances at December 31, 2018: (Click the icon to view the account balances.) Requirements 1. 2. Calculate Panhandle
Panhandle of Nebraska Shipping has these account balances at December 31, 2018: (Click the icon to view the account balances.) Requirements 1. 2. Calculate Panhandle of Nebraska Shipping's current ratio. How much in current assets does Panhandle of Nebraska Shipping have for every dollar of current liabilities that it owes? Requirement 1. Calculate Panhandle of Nebraska Shipping's current ratio. (Round your answer to two decimal places, X.XX.) Total current assets + Total current liabilities + Current ratio December 31, 2018 Question 18, S4-14 (similar to) Part 1 of 2 HW S O Po Data table Notes Payable, long-term 6,500 Accounts Payable S 3.700 Prepaid Rent 1.900 Accounts Receivable 5,600 Salaries Payable 2.000 Cash 2.900 Service Revenue 10,900 Office Supplies Accumulated Depreciation-Equip Advertising Expense 1.500 Depreciation Expense-Equip Equipment 1,900 16,000 3,500 Tek Capital 300 400 Rent Expense 1,700 Get more help- Print Done $ 4 % 55 R 92 A 16 31 & 47 7 00-> 8 T Y D DO 9 6 9 1 F G H J K V B N M 0
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