Question 9 of 10 Use the following data to calculate the current ratio. Cash $165000 Bramble Corp. Balance Sheet December 31, 2022 $129900 Accounts payable Salaries and wages 123800 payable 204400 Note payable (due 2025) 91200 Total liabilities Accounts receivable 27900 274200 Inventory Short-term investments $467100 Land (held for future use) 253500 Land 283000 Buildings $337500 Common stock $360500 Less: Accumulated depreciation (56700) 280800 Retained earnings 739000 Franchise 200000 Total stockholders' equity $1099500 Total assets $1566600 Total liabilities and stockholders equity $1566600 131:1 o