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[The following information applies to the questions displayed below. A company's trial balance included the following account balances: Accounts payable Accounts receivable Cash Income tax
[The following information applies to the questions displayed below. A company's trial balance included the following account balances: Accounts payable Accounts receivable Cash Income tax payable Inventories Note payable, due in two years Equipment Stockholders' equity Supplies Wages payable $19,297 81,426 73,414 3,602 25,906 1,799 55,028 203,708 5,602 12,970 What is the amount of the current ratio (round to two decimal places)? O 5.20 1.00 4.98 O 2.00
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