31 Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2 Year 2 Year 1 010634 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets $ 38,100 $ 32,850 96,000 63,000 88,500 82,500 124,000 128,000 12,700 10,300 Accounts payable Net sales 391,000 341,000 1,400 110,800 714,000 679,000 Cost of goods sold 393,000 378,000 Mutiple Choice O O 2.38 200 213 314