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What are the total current assets of the Postal Service at December 31, 2018? 242,000 o 22.000 o 32,000 EEEEEEE 28,000 QUESTION 11 What is

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What are the total current assets of the Postal Service at December 31, 2018? 242,000 o 22.000 o 32,000 EEEEEEE 28,000 QUESTION 11 What is the current ratio of the Postal Service at December 31, 2018? O 1.8:1 O 2.3:1 O 0.12:1 0.25:1 QUESTION 12 When performing vertical analysis, the base amount for administrative expense is generally administrative expense in a previous year net sales gross profit fixed assets QUESTIONS se the following items taken from the financial statements of the Postal Service for the year ending December 31, 2018 to answer questions - 11: $ Accounts payable Accounts receivable Accumulated depreciation equipment Advertising expense Cash Owner's capital (1/1/12) Owner's drawings Depreciation expense Insurance expense Note payable, due 6/30/13 Prepaid insurance (6-month policy) Rent expense Salaries and wages expense Service revenue Supplies Supplies expense Equipment (Long-term) 9,000 11,000 28,000 21,000 11,000 105,000 14,000 12,000 3,000 5,000 0,000 17,000 32,000 125,000 4,000 0,000 210,000 What are total current liabilities of the Postal Service at December 31, 2018? 2 $14.000 $32.000 $18.000 $105.000

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