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Question 18 Balance Sheet (Millions of Assets Cash and securities SISSED Accounts receivable 9,660.0 Inventories R400 Total current assets $24.6540 Net plant and equipment $12.0000 Total assets Liabilities and Equity $7.950 Accounts payable Notes payable Accruals Total current abilities MON Long-term bonds 4 Totallibilities Common stock Liabilities and Equity Accounts payable 5 7.980.0 Notes payable 5.880.6 Accruals Total current liabilities SIR 4500 Long-term bonds 10.9200 Total liabilities 529,400.0 Common stock 3380 9140 Retained earnings SIZ. Total common equity SL.0000 Total liabilities and equity Refer to the data for Pettijohn Inc. What is the firm's current ratio? 01.08 O 0.97 O 1.20 133