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The balance sheet for Altoid Co. is shown below ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash Short-term Investments Accounts receivable (net) Inventory
The balance sheet for Altoid Co. is shown below ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash Short-term Investments Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity: Current liabilities Long term Ilabilities Common stock Retained varnings Total Habilities and shareholders' equity 150 200 300 450 1. 100 $ 2,200 $ 450 300 150 1.000 $ 2,200 Selected 2021 Income statement Information for Altold Co Includes Het sales Operating expenses Income before Interest and tax Interest expense Income tax expense Net Income 5.7,700 2110 590 90 150 350 Required Compute the following financial statement ratios for 2021 Altold Co.'s current ratio (Round your answer to 2 decimal places.) Current 0
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