Power Corp. reported the following data for calendar 2020:

	Total assets..............................................		$625,000
	Current assets..........................................		325,000
	Total liabilities...........................................		300,000
	Long-term liabilities..................................		145,000
	Inventories, Dec 31/19.............................		110,000
	Inventories, Dec 31/20.............................		100,000
	Net sales..................................................		1,550,000
	Gross profit..............................................		920,000
	Net income..............................................		205,000

To two decimals, Power Corp.’s current ratio for 2020 is

a. 2.08.

b. 0.92.

c. 2.10.

d. 1.08.