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Oceanside Banking has Cash of $ 5 0 0 , Accounts Receivable of $ 1 , 0 0 0 , and Office Supplies of $

Oceanside Banking has Cash of $500, Accounts Receivable of $1,000, and Office Supplies of $400. Oceanside owes $600 on Accounts Payable and has Salaries Payable of $200. Oceanside's current ratio is (Round the current ratio to two decimal places.)
A.0.50
B.2.50
C.0.42
D.2.38
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