Based on the following information from Schrute Company's balance sheet, calculate the current ratio. Current assets $ 147,000 Investments 62,000 Plant assets 450,000 Current liabilities 59,000 Long-term liabilities 110,000 Retained earnings 490,000
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Home » Business » Based on the following information from Schrute Company's balance sheet, calculate the current ratio. Current assets $ 147,000 Investments 62,000 Plant assets 450,000 Current liabilities 59,000 Long-term liabilities 110,000 Retained earnings 490,000