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3 A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Cash points Assets: Accounts receivable (net) Investments Inventory Prepaid rent

3 A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Cash points Assets: Accounts receivable (net) Investments Inventory Prepaid rent Total current assets Property & Equipment, (net) Total assets Liabilities: $ 68 Accounts payable $246 other liabilities 89 264 33 541 Total current liabilities Long-term liabilities Total liabilities stockholders' equity: Common stock 335 116 451 157 Retained earnings 197 Total stockholders' equity 354 $805 Total liabilities and equity $805 The current ratio is: (Round your answer to 2 decimal places.) Multiple Choice O 0.67. 161 1.20image text in transcribed

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