Baloon-E-Tunes 
-Refer to Baloon-E-Tunes. Calculate the current ratio. What does this ratio tell you about the "composition" of the current assets?
Definitions:
Equivalent Amount
An equivalent amount refers to a value that has the same worth or value as another in a different form or denomination.
Money
A medium of exchange that is widely accepted in payment for goods and services and in settlement of debts.
Annually Compounded
Refers to the process of calculating and adding interest to a principal sum once per year.
Maturity Values
The amount payable to the holder of a financial instrument at its maturity date, often the principal plus interest.
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