Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Year 2 Year 1 Cash $37,500 90,000 85,500 121,000 12,100 388,000 113,400 711,000 390,000 36,850 90,000 86,250 117,000 13,500 392,000 111,750 706,000 385,500 Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Multiple Choice 1.88. 2.95