Mc Grme TB MC Qu. 16-139 (Static) Excerpts from Colter... 21 Excerpts from Colter Corporation's most recent balance sheet appear below Year 2 Year 1 Current assets: Cash $ 90 $ 120 Accounts receivable, net Inventory 100 110 170. 160 Prepaid expenses 40 401 References Total current assets 400 430 Total current liabilities $ 320 $ 290 Sales on account in Year 2 amounted to $1,210 and the cost of goods sold was $720, The current ratio at the end of Year 2 is closest to: Multiple Choice 0.32 0.38 O O 1.25 120 < Prev 21 of 30 Next