At the end of the current year, Omega Industries reported the following account balances:

Intangible assets $7,100;

Short-term notes payable $16,200;

Cash $39,100;

Short-term investments $5,100;

Long-term notes receivable $3,100;

Accounts receivable $7,100;

Buildings $191,000;

Merchanidse inventory $53,500;

Long-term notes payable $97,500;

Equipment $101,500;

Retained earnings $70,450.

Accrued liabilities payable $3,450;

Common stock $191,000;

Accounts payable $28,900;

What is the current ratio of Omega Industries?

Multiple Choice

• 3.24

• 2.16

• 1.06

• 2.32