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-LIUI ABC Catering Inc. Comparative Balance Sheet Dec. 31, 2019 Assets Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net 31,000 Food Inventory

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-LIUI ABC Catering Inc. Comparative Balance Sheet Dec. 31, 2019 Assets Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net 31,000 Food Inventory 5 3,000 Total Current Assets $113,000 Property, Plant, and Equipment, Net 120,000 Total Assets $233,000 Liabilities Current Liabilities: Accounts Payable Notes Payable $4300 2900 Total Current Liabilities $7200 Long-term Liabilities Total Liabilities 90,000 $97,200 Cuocl baldarel Cani Total Current Liabilities $7200 90,000 $97,200 Long-term Liabilities Total Liabilities Stockholders' Equity Common Stock $31,000 Retained Earnings E 104,800 $135,800 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $233,000 What is the company's current ratio for 2019? a. 14.00 b. 17.4 c. 15.69 d. 8.5

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