Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Cash Short-term investments Year 2 Year 1 $ 37,800 $ 32,550 Accounts receivable, net 87,000 Merchandise inventory Prepaid expenses 93,000 61,500 81,000 122,500 126,500 12,400 10,000 389,500 339,500 Accounts payable 111,900 109,300 Net sales 712,500 677,500 Cost of goods sold 391,500 376,500 Plant assets Multiple Choice O 2.32. 2.06. 3.15.