Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 $ 37,600 91,000 86,000 121,500 12, 200 388,500 112, 900 711, 500 390, 500 Year 1 $ 32, 350 60,500 80,000 125, 500 9,800 338,500 108,300 676, 500 375, 500 Multiple Choice O 1.90. 3.09. O 2.98