Given the Balance Sheet displayed, and with Sales of 15,000,000 and a Net Income of 1,600,000, what is the current ratio? Assets ('000 SGD) Liabilities & Equity (000 SGD) Cash Inventories Account receivables Fixed assets Total 2,000 12,000 5,000 23,000 42,000 Account payable Short term loans Long term debt Equity Total 3,300 21,700 3,000 14,000 42,000 O 0.760 O 0.607 O 0.280 O 0.179