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Use the balance sheet below to calculate the Current Ratio. Balance Sheet for XYZ Corporation Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current

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Use the balance sheet below to calculate the Current Ratio. Balance Sheet for XYZ Corporation Current Assets Cash Marketable Securities Accounts Receivable Inventory Total Current Assets 55,000.00 18,000.00 $21,000.00 33,000.00 $ 127,000.00 Current Liabilities Accounts Payable Notes Payable Accrued Taxes Total Current Liabilities 18,000.00 $11,000.00 20,000.00 49,000.00

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