Rota Logistics has these account balances at December 31 2024 Click the icon to view the account balances Requirements 1

Question

Rota Logistics has these account balances at December 31 2024 Click the icon to view the account balances Requirements 1 Calculate Spirit of South Dakota Logistics current ratio 2 How much in current assets does Spirit of South Dakota Logistics have for every dollar of current liabilities that it owes Requirement 1 Calculate Spirit of South Dakota Logistics current ratio Round your answer to two decimal places X XX The company has Data table Requirement 2 How much in current assets does Spirit of South Dakota Logistics have for every dollar of current liabilities that it owes Enter the amount to the ne of current assets for every dollar of current liabilities that it owes Notes Payable long term Prepaid Rent Salaries Payable Service Revenue Office Supplies Accumulated Depreciation Equip Advertising Expense 10 000 2 500 1 500 13 900 1 200 3 500 700 Current ratio COL Accounts Payable Accounts Receivable Cash Depreciation Expense Equip Equipment Common Stock Rent Expense 4 200 6 700 2 900 700 19 000 1 700 1 100 X

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