Q2.8: Listed below are selected account balances for Punch Industries: Check my P Performance Hard $4,500 800 Accounts Payable Salaries Payable Retained Earnings 2,000 500 Cash Accounts Receivable Supplies Land Easy 1,000 Qu 200 12,000 About this Qu Question Diffic What is the current ratio after Punch pays its employees? 1.5 Difficulty B 2.2 47. Students c 2.5 Study this topic D 5.0 Use ratio to company's balan