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The following balance sheet information is provided for Duke Company for Year 2 The following balance sheet information is provided for Duke Company for Year
The following balance sheet information is provided for Duke Company for Year 2
The following balance sheet information is provided for Duke Company for Year 2: $73,ese $73,ese Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, Land Total assets net of depreciation Equity Liabilities and Stockholders' Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity What is the company's current ratio? (Round your answer to 2 decimal places.) $7, 2ee 13,350 15 , see 20, 3ee 14, 2ee $3,270 7,430 16, eee 12, see 33,850
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