Reference no: EM132559190
Question - Accounts payable $35,000, Accounts receivable $54,000, Capital stock $100,000, Cash $50,000, Dividends $10,000, Interest expense $4,000, Interest payable $2,300, Inventory $32,000, Prepaid expenses $6,800, 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?