Following information applies to the following questions. The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 2010 $2,450 11,270 15,680 $29,400 $19,600 $49.000 Balance Sheet.(Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity $9,310 6,860 5.390 $21,560 $16,205 $38,465 $-245 10.780 $10.535 $49.000 Income Statement (Millions of $) Net sales Operating costs except depreciation 2010 $93,100 87,049 Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings bef interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income 2010 $93,100 87,049 1.629 $4,422 1.485 $2,937 1.028 $1.909 Other data: Shares outstanding (millions) Common dividends (millions of $) Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price 500.00 $668.15 6.25% 35% $45.82 What is the firm's current ratio? O 1.15 O 1.34 O 1.58 O 136 O 1.70