USING THE FOLLOWING DATA, CALCULATE THE CURRENT RATIO (X): TAKE ANSWER OUT TO ONE PLACE AFTER THE DECIMAL accounts payable 15 merchandise inventory 30 accounts receivable 22 medical supplies 9 long term notes payable nursing revenue 50 accumulated depreciation -blg 4 prepaid rent expense amortization expense 3. property taxes payable 4 pension obligation transportation expense building 60 27 9 bonds payable 8 115 unearned nursing income 24 cash Zorro, capital 39 depreciation expense Zorro, withdrawals :18 marketable securities
USING THE FOLLOWING DATA, CALCULATE THE CURRENT RATIO (X): TAKE ANSWER OUT TO ONE PLACE AFTER THE DECIMAL accounts payable 15 merchandise inventory 30 accounts receivable 22 medical supplies 9 long term notes payable nursing revenue 50 accumulated depreciation -blg 4 prepaid rent expense amortization expense 3. property taxes payable 4 pension obligation transportation expense building 60 27 9 bonds payable 8 115 unearned nursing income 24 cash Zorro, capital 39 depreciation expense Zorro, withdrawals :18 marketable securities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:stion 5
USING THE FOLLOWING DATA, CALCULATE THE CURRENT RATIO (X): TAKE ANSWER OUT TO ONE PLACE AFTER THE DECIMAL
accounts payable
15
merchandise inventory
30
+--
22
---
51
accounts receivable
medical supplies
9
long term notes payable
nursing revenue
: 50
-- -
6.
+ - - 4
4
accumulated depreciation -blg
4
prepaid rent expense
amortization expense
property taxes payable
building
60
pension obligation
: 27
8'
transportation expense
9
bonds payable
115
unearned nursing income 24
cash
1.
Zorro, capital
39
depreciation expense
: 18
7.
Zorro, withdrawals
marketable securities
A Moving to the next question prevents changes to this answer.
MacBook Air
3.
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