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Use the following data to calculate the current ratio. Nash's Trading Post, LLC Balance Sheet December 31, 2022 $65000 85000 135000 75000 175000 185000 Accounts

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Use the following data to calculate the current ratio. Nash's Trading Post, LLC Balance Sheet December 31, 2022 $65000 85000 135000 75000 175000 185000 Accounts payable Salaries and wages payable Bonds payable Total liabilities Cash and cash equivalents Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Trademarks $125000 10000 150000 $285000 $200000 150000 100000 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $210000 475000 $685000 $970000 Total assets $970000

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