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Spartan Sportswear's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory $
Spartan Sportswear's current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory $ 150,000 Total assets $ 805,000 Current ratio 2.90 Acid-test ratio 1.40 Debt to equity ratio 1.30 Required: Compute the current assets for Spartan (Do not round intermediate calculations.):
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