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45) Based on the following information from Schutte Company's balance sheet, calculate the current ratio. Current assets Investments Plant assets Current liabilities Long-term liabilities A.

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45) Based on the following information from Schutte Company's balance sheet, calculate the current ratio. Current assets Investments Plant assets Current liabilities Long-term liabilities A. Schrute, Capital $ 87,000 50,000 220,000 39,000 90,000 228,000 A) $0.44 to $1.00 B) $3.51 to $1.00 C) $3.33 : $2.00 D) 1.06: $1.00 E) $2.23 : $1.00 F) $2.23 to $2.00

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