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A company has the following information: Cash 16,300 AR 15,000 Prepaid rent 5,000 Property plant and equipment 54,000 AP 14,800 Wages payable 7,000 Utilities payable

A company has the following information:

Cash 16,300 AR 15,000 Prepaid rent 5,000 Property plant and equipment 54,000 AP 14,800 Wages payable 7,000 Utilities payable 3,200 Notes payable 32,000

What is the current ratio?

0.637
1.584
1.452
3.612

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