Use this balance sheet and income statement to answer the following question. Use ending balances whenever average balances are required for computing ratios. 
The current ratio for Abner Systems is
Definitions:
Journalize
Recording financial transactions in the appropriate book of accounts, ensuring they are officially documented.
Replenishment
The process of filling up or restocking inventory or supplies to maintain required levels.
Petty Cash Fund
A small amount of cash kept on hand for minor, impromptu expenses.
Journal Entry
A record in accounting that represents a transaction and its effects on accounts, usually including a debit and credit.
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