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Requirement 2. Determine the total current assets balance for Vulture Sporting Goods at March 31, 2021, and then compute the current ratio as of
Requirement 2. Determine the total current assets balance for Vulture Sporting Goods at March 31, 2021, and then compute the current ratio as of March 31, 2022 and as of March 31, 2021 Begin by determining the total current assets balance for Vulture Sporting Goods at March 31, 2021 Total current asset at March 31, 2021 amount to 1 After MyLab Accounting has graded your answers, you can see both correct and incorrect answers incorrect answers are indicated with a red triangle in the upper right corner. These cels will now show the correct answer. Hovering the mouse over the correct answer will show the incorrect answer you entered. MyLab Accounting populates the correct answer to prevent you from carrying wrong answers through a whole problem Green instructions indicate that you need to be very careful to follow the instructions and enter your answer exactly as requested in this case the current ratios must be entered rounded to 2 decimal places per the instructions. If you round to something other than 2 decimals using the correct answer, the system will still mark the answer wrong Enter an incorrect answer in either of the input boxes and select the 'Check answer button at the bottom of the screen to see how you did Now compute the curent ratio as of March 31, 2022 and as of March 31, 2021 (Round to two decimal places.) The current ratio is at March 31, 2022 and is at March 31, 2021 Notice that you are given a foodback message that points you toward incorrect answers. The feedback will not be specific enough to answer the question for you, but to point you to the first error that you have made in the problem step and, in this case, the foodback also reminds you to round your answer to two decimal places. You should enter all of the inputs for that particular step before checking your answers Generally you will get three attempts at each stop before you will be graded, although instructors can specify those settings
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