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Rafea Corporation Balance Sheet December 31, 2016 Assets Cash $ 20,300 Marketable securities 33,000 Accounts receivable 74,200 Inventory 82,400 Fixed assets 258,500 468,400 Liabilities Accounts

Rafea Corporation Balance Sheet December 31, 2016 Assets Cash $ 20,300 Marketable securities 33,000 Accounts receivable 74,200 Inventory 82,400 Fixed assets 258,500 468,400 Liabilities Accounts payable $ 82,400 Bonds payable 215,300 Common stock 78,900 Paid-in-capital 37,600 Retained earnings 54,200 468,400 Which of the following can be inferred from the data? The company has a current ratio of 1.51. The company has a current ratio of 1.13. The company has a debt-to-equity ratio of 0.71. The company has a debt-to-equity ratio of 1.74

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