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The Pioneer Company has provided the following account balances: Cash $38,700; Short-term investments $4,700; Accounts receivable $6,700; Supplies $51,500; Long-term notes receivable $2,700; Equipment $99,500;
The Pioneer Company has provided the following account balances: Cash $38,700; Short-term investments $4,700; Accounts receivable $6,700; Supplies $51,500; Long-term notes receivable $2,700; Equipment $99,500; Factory Building $187,000; Intangible assets $6,700; Accounts payable $29,300; Accrued liabilities payable $3,650; Short-term notes payable $15,400; Long-term notes payable $95,500; Common stock $187,000; Retained earnings $66,650. What is Pioneer's current ratio? What is Pioneer's current ratio? Multiple Choice 1.04 2.10 3.08 2.27
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