In the following balance sheet, the assets are shown above the liabilities & equity for formatting purposes. Nancy's Nursery, Balance Sheet 12/31/2018 12/31/2019 ASSETS Current assets Cash Accounts receivable Inventory Total current assets Net fixed assets Total assets $5,250 $61,560 $50,400 $117,210 $3,250.000 $3,367,210 $5,775 $70,794 $60.685 $137,254 $3,037,500 $3,174,754 12/31/2019 Liabilities & Equity 12/31/2018 Current liabilities Accounts payable $23,780 Notes payable $28,536 Total current liabilities $52,316 Long term debt $1,214,515 Common equity Common stock $746,000 Retained earnings $1,354 379 Total common equity $2,100,379 Total liabilities & equity $3,367,210 $28,765 $34.518 $63,283 $713,450 $746,000 $1.652 021 $2,398,021 $3,174,754 What is the firm's 2019 current ratio