Question & Answer: Bass Tours…..

Bass Tours

The following balances were taken from the company’s records:

Don't use plagiarized sources. Get Your Custom Essay on
Question & Answer: Bass Tours…..
Order Essay
Inventory $380,000 Accounts Receivable $190,000
Land 290,000 Accounts Payable 180,000
Cash 129,000 Unearned Revenue 110,000
Prepaid Rent 33,000 Common Stock 312,000
Retained Earnings 220,000 Long-term Notes Payable 200,000

Refer to Bass Tours. Calculate the current ratio.

a. 3.00 to 1
b. 2.75 to 1
c. 2.52 to 1
d. 2.10 to 1

Expert Answer


Current ratio=inventory +Cash+prepaid rent+Accounts receivable/Accounts payable+unearned service revenue


=2.52 to 1.

So the option is C.

Grand Paper Writers
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All papers are written by the best professional writers to ensure 100% originality. We always provide plagiarism reports whenever we deliver completed papers.

Free Revisions

All papers by Grand Paper Writers are completed and submitted on time. This timely delivery of papers gives you time to go through the paper before the official deadline.


As an additional service, we will provide a title page that precedes the contents of your paper. Here, you will provide your personal details.


We also ensure that we provide an extra page for the references or bibliographies following referencing rules.

Originality & Security

At, we guarantee students for the provision of security and original work. All your personal information is handled with confidentiality and is not shared with third parties. Additionally, we ensure that we provide original content with accompanying plagiarism reports to show originality.

24/7 Customer Support

Our customer support team is always available 24/7 to provide instant responses to any queries raised by students.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services has the best professional essay writers for quality services.


Flexible Pricing

Here, a, we do not compromise on the time of our clients. We always deliver all completed papers on or before the deadlines.


Admission Help & Client-Writer Contact provides an interactive portal where students can communicate directly to their writers.


Paper Submission

Here, a, we do not compromise on the time of our clients. We always deliver all completed papers on or before the deadlines.


Customer Feedback appreciates feedback from our clients to help us improve the delivery of essay writing services. As such, we are constantly changing our policies to ensure maximum customer and writer satisfaction.