Assume a company provided the following balance sheet: Current assets: Cash Accounts receivable Inventory Total current assets Property, plant & equipment, net $ 71,000 50,000 150,eee 271,000 380,000 Current liabilities: Accounts payable Accrued liabilities Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' Total assets $ 651,000 The current ratio is closest to Assume a company provided the following balance sheet: Current assets: Cash Accounts receivable Inventory Total current assets Property, plant & equipment, net $ 71,000 50,000 150,eee 271,000 380,000 Current liabilities: Accounts payable Accrued liabilities Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' Total assets $ 651,000 The current ratio is closest to