Based on the following data, what is the current ratio, rounded to one decimal place?...
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Accounting
Based on the following data, what is the current ratio, rounded to one decimal place? Accounts payable Accounts receivable Accrued liabilities Cash Fixed assets Intangible assets Inventory Long-term investments Long-term liabilities Prepaid expenses Temporary investments $30,000 61,200 4,000 61,200 670,000 50,000 69,000 80,000 100,000 1,000 57,800
Based on the following data, what is the current ratio, rounded to one decimal place
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