rock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Total assets $35,966 32,254 39,580 267,891 $375,691 Liabilities and Stockholders' Equity Current liabilities $62,201 Long-term liabilities 92,506 Common stock, $10 par 67,600 Retained earnings 153,384 Total liabilities and stockholders' equity $375,691 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income $89,433 40,245 549,188 26,180 $23,008 Liabilities and Stockholders' Equity Current liabilities $62,201 Long-term liabilities 92,506 Common stock, $10 par 67,600 Retained earnings 153,384 Total liabilities and stockholders' equity $375,691 Income Statement Sales $89,433 40,245 Cost of goods sold Gross margin Operating expenses $49,188 26,180 $23,008 Net income Number of shares of common stock Market price of common stock 6,760 $28 What is the current ratio? Round your answer to two decimal places. ca. 0.58 b. 1.73 Oc. 2.22 d. 1.10