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Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for
Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for 2024? Note: Express your answers in strictly numerical terms, and IN million of USDs." Table 2 Balance Sheet (in million of USDs) Assets 2024 2023 Liabilities and Stockholders' Equity 2024 2023 Current Assets Current Liabilities Cash 100.00 100.00 Accounts payable 110.00 90.00 Accounts receivable 100.00 80.00 Notes payable / short-term debt 10.00 75.00 Inventories 60.00 70.00 Current maturities of long-term debt 40.00 50.00 Other current assets 10.00 10.00 Other current liabilities 10.00 11.00 Total current assets 270.00 260.00 Total current liabilities 170.00 226.00 Long-Term Assets Long-Term Liabilities Land 60.00 83.00 Long-term debt 100.00 90.00 Buildings 100.00 100.00 Capital lease obligations 1.00 2.00 Equipment 120.00 100.00 Less accumulated depreciation -55.00 -50.00 Deferred taxes 15.00 46.00 Net property, plant, and equipment 225.00 233.00 Other long-term liabilities 1.00 10.00 Goodwill 10.00 0.00 Total long-term liabilities 117.00 148.00 Other long-term assets 10.00 40.00 Total liabilities 287.00 374.00 Total long-term assets 245.00 273.00 Stockholders' Equity 228.00 159.00 Total Assets 515.00 533.00 Total liabili
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