The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below....
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Accounting
The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Current assets: Cash Accounts receivable (net) Notes receivable Inventory Prepaid expenses Total current assets Equipment (net) Liabilities and Equity Current liabilities: $ 78 Accounts payable 176 Other current liabilities 59 Total current liabilities 217 Long-term liabilities 43 Total liabilities 573 Shareholders' equity: 261 Common stock Retained earnings Total shareholders' equity $834 Total liabilities and equity $ 220 73 293 104 397 02 132 305 437 $ 834 Total assets The current ratio is (Round your answer to 2 decimal places.): Multiple Choice 0.69. O 1.44. 1.96. 2.20
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