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