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Morgan Company has the following account balances: Morgan's current ratio is: A.1.56 B.0.58 C.1.73 D.0.6 Cash 1000 Accounts recievable 17000 Inventory 8000 Plant assests 100000

Morgan Company has the following account balances:

Morgan's current ratio is: A.1.56 B.0.58 C.1.73 D.0.6

Cash	1000
Accounts recievable	17000
Inventory	8000
Plant assests	100000
Land	80000
Accumulated Depreciation	(50000)
Accounts payable	12000
Taxes payable	2000
Interest payable	1000
Long term notes payable	85000

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