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Compute chavez company's current ratio using the above information

28/04/2021 Client: muhammad11 Deadline: 2 Day

Compute Chavez Company’s current ratio using the following information.
Accounts receivable . . . . . . . . . . . . . . $18,000
Long-term notes payable . . . . . . . . . . $21,000
Accounts payable . . . . . . . . . . . . . . . . . 11,000
Office supplies . . . . . . . . . . . . . . . . . . . . . 2,800
Buildings . . . . . . . . . . . . . . . . . . . . . . . . 45,000
Prepaid insurance . . . . . . . . . . . . . . . . . . . 3,560
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,000
Unearned services revenue . . . . . . . . . . . . 3,000
b

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