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Use the following to answer questions 1 9 2 4 The following information is from the company s 1 2 / 3 1 balance sheet,
Use the following to answer questions
The following information is from the companys balance sheet, listed in alphabetical order:
Accounts payable $ Inventory $
Accounts receivable Land
Automobiles, net Longterm investment
Bond payable Notes payable, due months
Buildings, net Patents
Common stock Payroll taxes payable
Cash Prepaid expenses
Income tax payable Retained earnings
Interest payable Supplies
$ How much are the current assets?
$ How much are the total assets?
$ How much are the current liabilities?
$ How much are the total liabilities?
$ How much is the total stockholders equity? What is the current ratio, round to two decimal places
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