Business
Business, 19.09.2019 21:00, anasfis35ovmbff

Apartial list shows that charles corporation's adjusted trial balance included the following items (all account balances are normal): accounts payable $36,500, accounts receivable $46,500, capital stock $100,000, cash $46,000, dividends $10,000, goodwill $47,000, interest expense $4,000, interest payable $3,500, inventory $32,000, note payable $30,000, prepaid expenses $4,400, property, plant & equipment $123,000, retained earnings $46,000, rent expense $18,000, revenues $101,000, and salary expense $60,000. the note payable balance is due in nine months. how much is charlie's current ratio? (round your answer to two decimal places.)

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