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Calculator The following formation pertains to Tanzi Comory. Assume that al balance sheet amounts represent both average and ending balance figures. Assume that all sales

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Calculator The following formation pertains to Tanzi Comory. Assume that al balance sheet amounts represent both average and ending balance figures. Assume that all sales were on Credit Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $35.354 26,875 14,031 $105.051 Like and Stockholders Current labies Long term Stockholders' equity.common Totalbies and stockholders' equity $56,112 92.98 156.843 $395.953 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income $83.867 37.740 $46,127 24.650 121.47 Number of shares of common stock 6.710 Market price of common stock $35 What is the current ratio for this company Round your answer to two decimal places Select the correct answer 0.63 1.11

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