I HAVE THE ANSWER I JUST NEED HELP WITH EXPLANATION

The Abernathy Corporation reported the following: What is the company's current ratio? Round your final answer to two decimal places 2.04 (with margin: 0) Tip: The current ratio includes all current assets (e.g. Cash, Supplies, Inventory, Accounts receivable and Prepaid expenses) and all current liabilities (e.g. Accounts payable and Unearned revenue). Items like Equipment and Notes payable are considered long-term (i.e. not current) so would not be included anywhere in the calculation of the current ratio