Question 4 --/1 View Policies Current Attempt in Progress Flint & Associates Inc. reports the...
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Accounting
Question 4 --/1 View Policies Current Attempt in Progress Flint & Associates Inc. reports the following account balances for the year ending June 30, 2022: Accounts payable $26,000 37,000 Accounts receivable Cash and cash equivalents Goodwill 15,700 134,000 82,000 Inventory Notes payable (due 2027) 108,000 Interest payable 3,100 12,000 Notes payable (due 2023) Property, plant, and equipment 535,000 Accumulated depreciation Prepaid insurance Salaries and wages payable Bonds payable 120,000 7,845 14,800 310,000 Compute the company's (a) current ratio and (b) debt to assets ratio. (Round current ratio to 2 decimal places es 1.55:1 and debt to assets ratio to O decimal place, e.g. 55%) (a) Current ratio (b) Debt to assets ratio e Textbook and Media conforlater
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