Assume a company provided the following balance sheet: current assets: Cash Accounts receivable Inventory Total current assets Property, plant & equipment, net Current liabilities: $ 90, eee Accounts payable 50,000 Accrued liabilities 150,000 Total current liabilities 290, eee Bonds payable 380, eee Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity $ 670,000 Total liabilities and stockholders' equity 590.000 40,000 138,eee 118,eee 240, eee 178,000 260,000 430,000 $ 670,000 Total assets The current ratio is closest to Multiple Choice LOR