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Calculate the current ratio using the following information: (Round your answer to two decimal places.) Cash Accounts Receivable $7,000 Prepaid Rent Land Equipment 1,300 800

Calculate the current ratio using the following information: (Round your answer to two decimal places.) Cash Accounts Receivable $7,000 Prepaid Rent Land Equipment 1,300 800 40,000 4,000 Accumulated Depreciation 1,200 Accounts Payable Salaries Payable 4,000 800 Notes Payable-long term 8,000 OA. 1.9 B. 3.09 C. 1.73 OD. 2.28

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