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Calulacte the current ratio based on the data in the preliminary statement of financial position   Current ratio 1  eTextbook and Media  Based on the results in (a)

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Calulacte the current ratio based on the data in the preliminary statement of financial position  
Current ratio 1 
eTextbook and Media 
Based on the results in (a). the CFO requested that $20,000 of the cash be used to payoff the balance of the accounts payable account on December 21 Calculate the current ratio after this payment is made. assuming there are no further changes to current assets and current liabilities (Round current ratio to 1 decimal plum c4 521