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What should be the formula in B13? A B 1 2017 2 Cash 62,000 3 Accounts Receivable 348,000 4 Inventory 728,000 5 Plant and Equipment
What should be the formula in B13?
A | B | |
1 | 2017 | |
2 | Cash | 62,000 |
3 | Accounts Receivable | 348,000 |
4 | Inventory | 728,000 |
5 | Plant and Equipment | 629,000 |
6 | Accumulated Depreciation | 149,000 |
7 | Accounts Payable | 157,000 |
8 | Notes Payable | 263,000 |
9 | Other Current Liabilities | 166,000 |
10 | Long-term Debt | 423,000 |
11 | Common Stock | 414,000 |
12 | Retained Earnings | 195,000 |
13 | Current Ratio | ? |
Group of answer choices
=SUM(B2:B4)/(B7+B9)
=SUM(B2:B4)/SUM(B7:B9)
=(B1+B2)/(B6+B7+B8)
=(B4-B4)/(B6+B7+B8)
=SUM(B2:B5)/(B6+B8+B9)
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