00 00:23:49 Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Year 2 Year 1 $ 38,800 $ 33,550 103,000 66,500 92,000 86,000 127,500 131,500 13,400 11,000 394,500 344,500 Accounts payable 106,900 114,300 Net sales 717,500 682,500 Cost of goods sold 396,500 381,500 Multiple Choice 2.19 O 254 351