Assume Verizon reports the following selected balance sheet and income statement information.

Current assets 2014 -$ 16,448 2013 - $ 19,479

Current liabilities 2014 - 25,063 2013 - 23,129

Total liabilities 2014 - 101,696 2013 - 103,345

Equity 2014 - 66,434 2013 - 62,613

Earnings before interest and taxes 2014 - 12,787 2013 - 12,496

Interest expense 2014 - 2,180 2013 - 2,384

Net cash flow from operating activities 2014 - 22,012 2013 - 21,820

Compute the current ratio for 2014.

Question 14 options:

	0.66
	0.16
	1.52
	1.29