161:02 From the Balance Sheet, what is 2019's Current Ratio for Kewell Boomerangs? Round to 2 decimal points. Assets: 2019 2018 Cash $ 100,000 $ 85,000 Accounts receivable 432,000 350,000 Inventories 1,000,000 700,000 Total current assets $1,532,000 $1,135,000 Net fixed assets 3,000,000 2,800,000 Total assets $4,532,000 $3,935,000 Liabilities and equity: Accounts payable $ 700,000 $545,000 Notes payable 800,000 900,000 Total current liabilities $1,500,000 $1,445,000 Long-term Debt 1,200,000 1,200,000 Total Debt 2,700,000 2,645,000 Common stock 1,500,000 1,000,000 Retained earnings 332,000 290,000 Total common equity $1,832,000 $1,290,000 Total liabilities and equity $4,532,000 $3,935,000 01.02 . O .75 O None of these selections are correct O 2.00