Question $1(1$ point$)$

B&T Supply, Inc. has Cash of $$8,000,$ Accounts Receivable $$9,000,$ Office Supplies of $$500,$ Land of $$50,000$ and Buildings of $$100,000.$ They owe $$7,000$ of Accounts Payable, $$1500$ of Salaries Payable, and $$75,000$ of Long$-$term Notes Payable. What is the company's current ratio $($round to two decimals including zeros if needed$)?$

Your Answer:

Answer