Current Ratio
Use the following information to compute the current ratio:
|
Accounts Payable |
$ 1,100 |
|
Paid In Capital |
1,750 |
|
Cash |
400 |
|
Sales |
10,000 |
|
Accrued Wages Payable |
250 |
|
Inventory |
4,000 |
Current Ratio
Use the following information to compute the current ratio:
|
Accounts Payable |
$ 1,100 |
|
Paid In Capital |
1,750 |
|
Cash |
400 |
|
Sales |
10,000 |
|
Accrued Wages Payable |
250 |
|
Inventory |
4,000 |