Question 21 (4 points) The following information pertains to Unique Company. 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 $ 40,000 Accounts receivable (net) 30,000 Inventory 20,000 Property, plant and equipment 210,000 Total Assets $300,000 Liabilities and Stockholders' Equity Current liabilities $ 60,000 Long-term liabilities 90,000 Stockholders' equity-common 150,000 Total Liabilities and Stockholders' $300,000 Equity Income Statement Sales revenue Cost of goods sold Gross profit Operating expenses Net income Number of shares of common stock $ 90,000 45,000 45,000 20,000 $ 25,000 6,000 Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity $ 60,000 90,000 150,000 $300,000 Income Statement Sales revenue Cost of goods sold Gross profit Operating expenses Net income Number of shares of common stock $ 90,000 45,000 45,000 20,000 $ 25,000 6,000 $20 Market price of common stock Dividends per share on common S 0.90 stock Cash provided by operations $30,000 What is the current ratio for this company? a) 1.17 Ob) 1.5 OC) 1.0 d) 0,67