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The following partial balance sheet ($ in thousands) for Microsoft Incorporated is shown below. Assets Liabilities and Equity Current assets: Current liabilities: Cash $
The following partial balance sheet ($ in thousands) for Microsoft Incorporated is shown below. Assets Liabilities and Equity Current assets: Current liabilities: Cash $ 66 Accounts payable $ 222 Accounts receivable (net) 189 Other current liabilities 66 Notes receivable 60 Total current liabilities 288 Inventory 218 Long-term liabilities. 93 Prepaid expenses 28 Total liabilities 381 Total current assets 561 Equipment (net) 273 Common stock Shareholders' equity: Retained earnings Total shareholders' equity Total assets The current ratio is: $ 834 147 306 453 Total liabilities and equity $ 834 Note: Round your answer to 2 decimal places. Multiple Choice 147 2.05. 0.67 195
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