Carl's Toy Factory had the following items listed on its balance sheet. Cash, 1,590; Accounts Receivable, 5,746; Accounts Payable, 9,563; Inventory, 7,879; Equipment, 35,743; Land, 50,000; Buildings, 135,487; Mortgage, 125,276. Based on this information what was Carl's current ratio?
A) 2.14
B) 1.37
C) 1.59
D) 0.77

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The Answer of Carl's Toy Factory had the following items listed on its balance sheet. Cash, 1,590; Accounts Receivable, 5,746; Accounts Payable, 9,563; Inventory, 7,879; Equipment, 35,743; Land, 50,000; Buildings, 135,487; Mortgage, 125,276. Based on this information what was Carl's current ratio?
A) 2.14
B) 1.37
C) 1.59
D) 0.77

Carl's Toy Factory Had the Following Items Listed on Its