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Saved Help The classified balance sheet for a company reported current assets of $1,948,770, total liabilities of $804,540, Common Stock of $1,050,000, and Retained Earnings

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Saved Help The classified balance sheet for a company reported current assets of $1,948,770, total liabilities of $804,540, Common Stock of $1,050,000, and Retained Earnings of $135,260. The current ratio was 3 Which of the following statements is not correct? Multiple Choice Total Stockholders equity is $1185,260 Total Assets are $1,989,800. The amount of current assets is 3.0 times the amount of current liabilities. Noncurrent liabilities are $135,260. Save &

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