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Question 7 1 pts The financial statements for Banana Company include the following items 20x9 20x8 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total

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Question 7 1 pts The financial statements for Banana Company include the following items 20x9 20x8 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable $44,500 29,000 61.000 161,000 533.000 131.500 15.000 62.000 $43.000 15.000 54.000 42.000 552.000 131.000 22.000 60.000 Compute the current ratio for 20x8. 101 0.99 161 531

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