Income taxes payable $19,960 24,290 Interest payable Accounts payable Accounts receivable Accumulated depreciation - automobiles Accumulated...

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Income taxes payable $19,960 24,290 Interest payable Accounts payable Accounts receivable Accumulated depreciation - automobi

Balance Sheet December 31, 2017 Assets Current assets: Cash 13,000 Accounts receivable 24,290 Inventory 48,740 Prepaid rent 1

43,000 Total property, plant, and equipment Intangible assets: Long-term investments x 81,525 Total assets 704,335 Liabilitie

Stockholders Equity Contributed capital: mini Total contributed capital Total stockholders equity Total liabilities and sto

2. Compute Ruths current ratio. Round your answer to two decimal places. 2.814 X to 1

business accounting

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Answer 1

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Balance Sheet December 31, 2017 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Office supplies Total $19,960 $6,530 $1,455 $11,000 $3,945 $42,890 Liabilities Current Liabilities: Accounts payable Income taxes payable Interest

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Answer 2

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