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Show Attempt History Current Attempt in Progress These selected condensed data are taken from a recent balance sheet of Sanson Company (in millions of
Show Attempt History Current Attempt in Progress These selected condensed data are taken from a recent balance sheet of Sanson Company (in millions of dollars Cash $7.2 Accounts receivable 14.4 Inventory 18 Other current assets 11.1 Total current liabilities $24.8 Additional information: Current liabilities at the beginning of the year were $35.6 million. (a) (b) Your answer is incorrect. What is the current ratio? (Round answer to 2 decimal places, eg. 15.25.) Current ratio :1
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