Practice Question 26 The following balances and amounts were taken from the financial statements of Ortiz, Inc. Cash provided by operations Net income Accounts payable Accounts receivable Average common shares Average total assets Average total liabilities Cash $ 35,000 37,500 20,000 500,000 320,000 100,000 Salaries and wages payable Stockholders' equity $ 90,000 36,000 8,000 160,000 300,000 120,000 Total current assets Total current liabilities How much is Ortiz's current ratio? O 3.27 0 2.50 O 2.38 O 3.40