(Answered) Question - selected balance sheet and income statement data

Accounting

Question - Selected balance sheet and income statement data follow for Upper Crust Pizza for the year ended December 31, 2011. Use the data to calculate the company's current ratio and liabilities-to-equity ratio.

Cash and cash equivalents $6,794

Accounts receivable $3,478

Total current assets $14,852

Total current liabilities $6,357

Total liabilities $11,421

Total liabilities and shareholders' equity $19,258

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