use the following data to calculate the current ratio Swifty Corporation Balance...
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Accounting
use the following data to calculate the current ratio
Swifty Corporation Balance Sheet December 31, 2022 Cash $198000 Accounts payable $206000 151000 Accounts receivable 27000 Salaries and wages payable Inventory 155000 231500 Mortgage payable 92600 Prepaid insurance $464500 Total liabilities Stock investments 252000 Land 284000 Buildings $316000 Common stock $414600 Less: Accumulated depreciation (58000) 258000 Retained earnings 726500 Goodwill 215000 Total stockholders equity $1141100 $1605600 Total assets Total liabilities and stockholders' equity $1605600 C 5 6 7 8 0 R T I o P C H J K L V V B N M
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