QUESTION 24 Elli Company reports the following year-end balance sheet data. The company's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets 0.57 1.32 $46,000 Current liabilities 61,000 Long-term liabilities 66,000 Common stock 151,000 Retained earnings $324,000 Total liabilities and equity $ 81,000 36,000 106,000 101,000 $ 324,000 2.14 0.36 0.64