A corporation reports the following year and balance sheet data the company's current ratio equals

on Chapters 16 & 17 Saved Help Save A corporation reports the following year-end balance sheet data. The company's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 47,000 Current liabilities $ 82,000 62,000 Long-term liabilities 40,000 67,000 Common stock 107,000 152,000 Retained earnings 99,000 $328,000 Total liabilities and equity $328,000 Multiple Choice 0 0.63 0 0.59