Question 6 of 10 View Policies Current Attempt in Progress Classify each of the following accounts taken from Faust Company's balance sheet > Accounts payable Accounts receivable > Cash L. Dawn, capital C. Patents Salaries payable Merchandise inventory Short-term investments (to be sold in 7 months) Accumulated depreciation equipment Buildings Land in use) Notes payable (due in 2 years) Supplies Equipment Question 8 of 10 -11 IN View Policies Current Attempt in Progress On December 31, 2021, Wildhorse Company had $1 million of current assets and $870,000 of current liabilities. On the same day, Swifty Company had $320,000 of current assets and $190,000 of current liabilities. Calculate the working capital and current ratio for both companies. (Round current ratio answers to 2 decimal places, eg. 1.76:1) Wildhorse Swifty Working Capital Current Ratio : 1 :1 Which liquidity measure is more relevant? liquidity measure is more relevant e Textbook and Media Save for Later Attempts: 0 of 3 used Submit