Brock Company's financial information is as follows. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Carch and short-term investments: Accounts receivable (net) Iriventory Property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock, \$10 par Retained earnings \begin{tabular}{l|r|r|} \hline Total liabilities and stockholders' equity Income Statement & $351,483 \\ \cline { 2 - 3 } & & \\ \hline Sales & $31,602 \\ Cost of goods sold & (36,721) \\ \hline Gross profit & $44,881 \\ Operating expenses & (28,481) \\ \hline Net income & $16,400 \\ \hline Number of shares of common stock & $5,600 \\ \hline Market price of commoa stock \end{tabular} What is the current ratio? Round your answer to two decinsal ploces. What is the current ratio? Round your answer to two decimal places. a. 1.77 b. 0.54 c. 2.22 d. 0.61