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Lee Kim Inc.'s most recent statement of financial position includes Cash................................................... $7,500 Accounts receivable............................ 10,000 Inventory............................................ 13,300 Plant and equipment (net)................. 73,700 Accounts payable............................... 14,000

Lee Kim Inc.'s most recent statement of financial position includes

Cash................................................... $7,500
Accounts receivable............................ 10,000
Inventory............................................ 13,300
Plant and equipment (net)................. 73,700
Accounts payable............................... 14,000
Long-term bonds payable.................. 50,000
Common shares................................ 20,000
Retained earnings............................. 20,500

To two decimals, Lee Kim Inc. has a current ratio of:

.48.

2.20.

.27.

1.63.

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