Refer to the following selected financial Information from Texas Electronics Compute the company's current ratio for Year 2 Year 2 Year 1 Cash $ 38,000 $ 32,750 Short-term investments 95,000 62,500 Accounts receivable, net 88,000. 82,000 Merchandise inventory 123,500 127,500 Prepaid expenses 12,600 10,200 Plant assets 390,500 340,500 Accounts payable. 110,900 110,300 Net sales: 713,500 678,500 Cost of goods sold 392,500 377,500 Multiple Choice O O 3.11. 3.22 199 211 2.36