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ASSETS Current Assets: Cash Marketable Securities Accounts Receivable Other Current Assets Total Current Assets Fixed Assets (net) Total Assets LIABILITIES Current Liabilities Long-term Liabilities Total

ASSETS Current Assets: Cash Marketable Securities Accounts Receivable Other Current Assets Total Current Assets Fixed Assets (net) Total Assets LIABILITIES Current Liabilities Long-term Liabilities Total Liabilities Total Stockholders' Equity Total Liabilities And Stockholders' Equity 2017 2016 $ 48,000 $14,000 9,000 13,000 35,000 24,000 15,000 18,000 107,000 69,000 140,000 130,000 $247,000 $199,000 $72,000 $ 52,000 50,000 37,000 $122,000 $ 89,000 $125,000 $110,000 $247,000 $199,000 E Based on Transic's current ratio, which of the following statements is true regarding the company

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