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The financial statements for Banana Company include the following items: 20X9 20X8 Cash $42,500 27,000 $42,000 16,000 46,000 62,000 52.000 Short-term Investments Net Accounts Receivable
The financial statements for Banana Company include the following items: 20X9 20X8 Cash $42,500 27,000 $42,000 16,000 46,000 62,000 52.000 Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable 159,000 530,000 549,000 130,500 128,000 17,000 24.000 64,000 51,000 Compute the current ratio for 20X8. 6.46 0.93 01.08 0 3.79
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