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What is the current ratio for 20x2? a. 1.66 b. 5.39 c. 1.23 d. 1.00 20xi 20X2 Assets S 61,100 27,200 Cash Accounts Receivable (net

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What is the current ratio for 20x2?

a. 1.66 b. 5.39 c. 1.23 d. 1.00

20xi 20X2 Assets S 61,100 27,200 Cash Accounts Receivable (net 72,500 142,700 122,600 107,800 Inventory Property, Plant, and Equipment (net) 577,700 507,500 Total Assets $833,900 $785,200 Liabilities and Stockholders' Equity Accounts Payable $104,700 S 72,300 Notes Payable within one year 50,000 50,000 Bonds Payable 200,000 210,000 Common Stock-S10 par value 300,000 300,000 Retained Earnings 152,900 179,200 Total Liabilities and Stockholders Equity $883,900 $785,200

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