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please... how do i find the ratio? Question 19 of 35 Use the following data to calculate the current ratio. Novak Corp. Balance Sheet December
please... how do i find the ratio? Question 19 of 35 Use the following data to calculate the current ratio. Novak Corp. Balance Sheet December 31, 2022 Cash and cas equivalents $71500 Accounts payable $140500 Accounts receivable 95000 16700 Inventory Prepaid insurance Stock investments 145000 80500 187500 192000 Salaries and wages payable Bonds payable Total liabilities 158000 $315200 5207500 Buildings Les Accumulate deprecation Common stock 5188300 168500 139000 Retained earnings Total stockholders 522500 103500 $700300 SOCO Totallaties and stockholde COLD SOCO Type Question 19 of 35 194000 $207500 Land Buildings Less: Accumulated depreciation Common stock $188300 (68500) 139000 512500 Trademarks 103500 Retained earnings Total stockholders equity Total liabilities and stockholders equity $700800 Total assets $1016000 $1016000 289:1 2492
please... how do i find the ratio?
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