<u>Calculation of amount of Current assets:</u>
It is given that the Smathers Company has a current ratio of 1.43 and current liabilities are $2,475. We can calculate Current Assets with the help of following formula:
Current assets = Current Liabilities * Current Ratio
Current assets = 2475 * 1.43
Current assets = 3,539.25
Hence, Smathers Company’s current assets amount is <u>$3539.25</u>