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The following partial balance sheet ($ In thousands) for Paisano Seafood Incorporated is shown below. $ 79 172 Assets Current assets: Cash Accounts receivable (net)
The following partial balance sheet ($ In thousands) for Paisano Seafood Incorporated is shown below. $ 79 172 Assets Current assets: Cash Accounts receivable (net) Notes receivable Inventory Prepaid expenses Total current assets Equipment (net) $ 236 71 307 104 55 203 32 541 Liabilities and Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term liabilities Total liabilities Shareholders' equity: Common stock Retained earnings Total shareholders' equity Total liabilities and equity 411 259 136 253 389 Total assets $ 800 800 The current ratio is: Note: Round your answer to 2 decimal places. Multiple Choice 2.09. 1.76. 0.68. 1.32
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