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Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were

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Brock Company's financial information is listed below. 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 Accounts receivable (net) Inventory Property, plant, and equipment Total assets $39,307 31,085 31,008 274,727 $376,127 Liabilities and Stockholders' Equity Current liabilities $55,075 Long-term liabilities 97,525 Common stock, $10 par 66,560 Retained earnings 156,967 Total liabilities and stockholders' equity $376,127 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income $80,540 36,243 $44,297 22,068 $22,229 Number of shares of common stock 6,656 Market price of common stock What is the current ratio? Round your answer to two decimal places. Number of shares of common stock Market price of common stock 6,656 $27 What is the current ratio? Round your answer to two decimal plaa a. 2.22 b. 1.84 Oc.0.71 Od. 1.28 SHE

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