Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and

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Brock Company S Financial Information Is Listed Below Assume That All Balance Sheet Amounts Represent Both Average And 1 (27.09 KiB) Viewed 46 times

Brock Company S Financial Information Is Listed Below Assume That All Balance Sheet Amounts Represent Both Average And 2 (34.25 KiB) Viewed 46 times

Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments $35,808 32,259 Accounts receivable (net) Inventory 32,745 Property, plant, and equipment 236,658 Total assets $337,470 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock, $10 par Retained earnings Total liabilities and stockholders' equity. Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income Number of shares of common stock 6,153 Market price of common stock $31 What is the current ratio? Round your answer to two decimal places. $84,890 38,201 $46,689 20,381 $26,308 $69,418 93,477 61,530 113,045 $337,470
32,259 32,745 236,658 $337,470 Liabilities and Stockholders' Equity Accounts receivable (net) Inventory Property, plant, and equipment Total assets Current liabilities. Long-term liabilities. Common stock, $10 par Retained earnings Total liabilities and stockholders' equity Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income Number of shares of common stock 6,153 Market price of common stock $31 What is the current ratio? Round your answer to two decimal places. a. 1.45 b. 0.52 Cc. 2.22 d. 0.98 $84,890 38,201 $46,689 20,381 $26,308 $69,418 93,477 61,530 113,045 $337,470