Balance Sheet Income Statement Assets: Sales $20,000,000 Cash $ 5,000,000 Cost of Goods Sold 8,000,000 Marketable Securities 12,500,000 12,000,000 Accounts Receivable, net 2,500,000 Selling and Administrative 1,600,000 Inventory 30,000,000 Depreciation Expense 3,000,000 Prepaid Expenses 5,000,000 7,400,000 30,000,000 Interest 2.000.000 Plant & Equipment Total Assets. 85,000,000 5,400,000 Liabilities and Equity: Taxes (25%) 1.350.000 Accounts Payable 4,050,000 $20,000,000 5,000,000 Notes Payable Common Stock Div. 600.000 Accrued Expenses 5,000,000 $3,450,000 Bonds Payable 25,000,000 Common Stock 5,000,000 Capital in Excess of Par 10,000,000 Shares outstanding of common stock - 1,000,000 Retained Earnings 5,000,000 Market price of common stock = $18. Total Liabilities and Equity $85,000.00 The Current Ratio is: O 0.35 O 0.55 O 0.183 1.83