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(Round your answer to two decimal places.) 34) Fill in Correct answer: The financial statements of Trenton Office Supply include the following items: 2019 2018

(Round your answer to two decimal places.) 34) Fill in Correct answer: The financial statements of Trenton Office Supply include the following items: 2019 2018 Cash $51,500 $45,000 Short-term Investments 26,000 13,000 Net Accounts Receivable 94,000 100,000 Merchandise Inventory 135,000 126,000 Total Assets 534,000 550,000 Total Current Liabilities Long-term Note Payable 5 260,000 235,000 57,000 50,000 What is the 2019 current ratio? (Round your answer to two decimal places.) nd the average

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