Elli Company reports the following year-end balance sheet data. The company's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 40,000 Current liabilities 55,000 Long-term liabilities 60,250 Common stock 145,000 Retained earnings $ 300,250 Total liabilities and equity $ 75,000 35,000 100,250 90,000 $ 300,250 Multiple Choice 1.26 1.40 2.07 Multiple Choice 1.26 O 1.40 2.07 1.54 0.67