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A partial balance sheet $s in thousands for Captain D's Sportswear is shown below Assets Liabilities Cash $67 Accounts payable $243 Accounts receivable

A partial balance sheet ($s in thousands) for Captain D's Sportswear is shown below.

  Assets:     Liabilities:  
  Cash $67   Accounts payable $243
  Accounts receivable (net) 171   Other liabilities

89

  Notes receivable 58   Total current liabilities 332
  Inventories 210   Long-term liabilities

117

  Prepaid expenses

34

    Total liabilities 449
      Total current assets 540   Shareholders' equity:  
  Plant assets (net) 258   Capital stock 151
      Retained earnings

198

      Total stockholdersAc€?c equity 349
  Total assets

$798

  Total liabilities and equity

$798


The current ratio is (Round your answer to 2 decimal places):

  1.63 times
  1.20 times
  .68 times
  2.57 times

Jun 19 2020 View more View Less

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