Answer:
Current Ratio = 186,748 / 36,169 = 5.16
Explanation:
The Balance Sheet is as it follows:
1. ASSET
1.1. CURRENT ASSET – 186,748
1.1.1. Cash 73,514
1.1.2. Accounts receivable 81,526
1.1.3. Inventories 26,006
1.1.4. Supplies 5,702
1.2. LONG-TERM ASSET
1.2.1. Property and equipment 156,028
TOTAL ASSET: 242,776
2. LIABILITIES
2.1. CURRENT LIABILITIES – 36,169
2.1.1. Accounts payable 19,397
2.1.2. Income tax payable 3,702
2.1.3. Wages payable 13,070
2.2. LONG-TERM LIABILITIES
2.2.1. Long-term liabilities 1,899
3. STOCKHOLDERS´EQUITY
3.1.1. Stockholders' Equity 204,708
TOTAL L + SE: 242,776
Current Ratio = Current Asset (CA) / Current Liabilities (CL)
Current Ratio = 186,748 / 36,169 = 5.16
