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 National Textile is
Definitions:
Equation of Exchange
An economic formula representing the relationship between the money supply, its velocity, the price level, and the volume of transactions in an economy.
Inflation
The speed at which prices for products and services increase, leading to a decline in buying power.
Supply of Money
The total amount of money available in an economy at any given time, including cash, bank deposits, and liquid assets.
Increase in V
In economic contexts, often refers to an increase in the velocity of money, which is the rate at which money is exchanged in an economy.
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