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3 years ago

Heart of Tennessee Telecom has these account balances at December 31, 2016:

Business

1 answer:

Komok [63]3 years ago

3 0

Answer:

Explanation:

a. Current ratio = current assets/ current liability

= current assets= 2,300+5,700+3,500= 11,500

Current liability= 3,000+3700= 6,700

Current ratio = 11,500/3700

= 1.72

b. How much in current assets does Heart of Tennessee Telecom have for every dollar of current liabilities that it owes?

It has $1.72

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Learn more about adjusting entry at brainly.com/question/27274229

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Heart of Tennessee Telecom has these account balances at December​ 31, 2016​:

Heart of Tennessee Telecom has these account balances at December 31, 2016: