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The financial statements for Barrington Service Company include the following items: 2019 2018 $46,500 $45,000 Cash Short term Investments 14,000 30,000 52,000 Net Accounts Receivable
The financial statements for Barrington Service Company include the following items: 2019 2018 $46,500 $45,000 Cash Short term Investments 14,000 30,000 52,000 Net Accounts Receivable 59,000 Merchandise Inventory 157,000 52,000 Total Assets 527,000 547,000 Accounts Payable Salaries Payable 123,000 129,500 17,000 22,000 62,000 Long-term Note Payable 57,000 Compute the current ratio for 2018. (Round answer to two decimal places.) A. 1.16 . 6.01 . 3.91 D. 0.86
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