What is the amount of the current ratio

by | Sep 10, 2021 | Homework Help

A company reported the following in its recent balance sheet:Accounts payable: 19,367Accounts receivable: 81,496Cash: 73,484Income tax payable: 3,672Inventories: 25,976Long term liabilities: 1,869Property and equipment: 55,728Stockholders Equity: 204,408Supplies: 5,672Wages payable: 13,040What is the amount of the current ratio? And what numbers did you use to get that.

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