View Policies ates Current Attempt in Progress ents Use the following data to calculate the current ratio. ens Support Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Trademarks Splish Brothers Inc. Balance Sheet December 31, 2017 $186000 Accounts payable $205000 160000 Salaries and wages payable 25500 155000 Mortgage payable 225500 87200 Total liabilities $456000 274000 267000 $300000 Common stock $395700 (55000) 245000 Retained earnings 730500 208000 Total stockholders' equity $1126200 Total liabilities and $1582200 $1582200 stockholders' equity Total assets 2.91:1 2.18:1 2.55:1 1.49:1 e Textbook and Media Attempts: 0 of 1 used Submit Save for Later