Falcon Corporation originally has current assets of $400 and current liabilities of $275. It purchases $108 of inventory with short-term accounts payable. What is its new current ratio? (Round to two decimal places.) O 1.45 O None of these is correct. O 1.69 O 1.33

Falcon Corporation originally has current assets of $400 and current liabilities of $275. It purchases $108 of inventory with short-term accounts payable. What is its new current ratio? (Round to two decimal places.) 1.45 None of these is correct. 1.69 1.33