Multiple Choice Question 171 The following information pertains to Swifty Corporation. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 61200 Accounts receivable (net) 43000 Inventory 47000 Property, plant and equipment 213000 Total Assets $364200 Liabilities and Stockholders Equity Current liabilities $ 30000 Long-term liabilities 71000 Stockholders equitycommon 263200 Total Liabilities and Stockholders Equity $364200 Income Statement Sales revenue $82000 Cost of goods sold 54000 Gross profit 28000 Operating expenses 30000 Net income $ -2000 Number of shares of common stock 5000 Market price of common stock $24 Dividends per share on common stock 9.2 Cash provided by operations $40000 What is the current ratio for this company? 4.42 4.22 4.78 5.04