Accounts receivable Accounts payable Buildings Cash $ 18,000 Long-term notes payable 11,700 Office supplies 46,000 Prepaid insurance 9,200 Unearned services revenue $ 25,500 4,400 4,120 2,800 Compute Chavez Company's current ratio using the above information

Business Dec 11, 2021

Accounts receivable Accounts payable Buildings Cash $ 18,000 Long-term notes payable 11,700 Office supplies 46,000 Prepaid insurance 9,200 Unearned services revenue $ 25,500 4,400 4,120 2,800 Compute Chavez Company's current ratio using the above information. Choose Numerator Current assets Current Ratio 1 Choose Denominator 1 Current liabilities 7 Current Ratio Current ratio 11 II 0