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 |