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 Cash and short-term investments $40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant, and equipment 215,000 Total assets $310,000 Liabilities and Stockholders' Equity Current liabilities $60,000 Long-term liabilities 95,000 Common stock, $10 par 50,000 Retained earnings 95,000 Total liabilities and stockholders' equity $310,000 Income Statement Sales Cost of goods sold Gross profit Operating expenses Net income $90,000 (45,000) $45,000 Number of shares of common stock (20,000) $25,000 6,000 Market price of common stock What is the current ratio? $120