K Capital Power and Light has Cash of $300, Accounts Receivable of $700, and Office Supplies of $500. Capital owes $200 on Accounts Payable and has Salaries Payable of $400. Capital's current ratio is (Round the current ratio to two decimal places.) OA. 1.11 B. 0.40 C. 2.50 OD. 0.62

Capital Power and Light has Cash of $300, Accounts Receivable of $700, and Office Supplies of $500. Capital owes $200 on Accounts Payable and has Salaries Payable of $400. Capitars current ratio is (Round the current ratio to two decimal places.) A. 1.11 B. 0.40 C. 2.50 D. 0.62