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Bevington studio reported the following income statement and balance amounts Inventory and prepaid expenses account for $20,000 of the 2007 current assets. Average inventory for

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Bevington studio reported the following income statement and balance amounts Inventory and prepaid expenses account for $20,000 of the 2007 current assets. Average inventory for 2007 is $15,000. Average net accounts receivable for 2007 is $30.000 Average one-day sales are $3, 150 There are 7,00 shares of common stock outstanding total divides paid during 2007 were $ 140.000. The market price per share of common stock is $21. What is company's current ratio for 2007/0.42 2.75 2.40 0.36

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