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JIL Liisi (en) The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended

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JIL Liisi (en) The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31, 2017 and 2016: Cash Net acounts receivable Inventory Prepaid expenses Total current assets Total nun-current assets Total current liabilitics Total nun-current liabilities Common shares Retained earnings Net credit salcs Kunt ufoods sold Gross margin Incime from operations Interest expense Netinum 2017 $ 10.000 30,XID 49,000 5.000 68,000 112,000 20,000 40,DXID 60,000 30,00 371.000 1501,00 220.000 95. In 8.000 mran 2016 $ 15,000 25.000 40.000 7.000 87,000 114.000 60,000 45.000 60,000 16.000 303,00 10 DCD 173,000 7.DE $.000 "57.000 . 10,000 shares of common shares have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2016, and they were selling for $91,50 on December 31, 2017 Refer to the table above. The current ratio for Hot Rolled Corporation on December 31, 2017 was: Select one: a. 1.45 b. 0.80 C. 1.26 d. 0.67 e

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