The financial statements for Banana Company include the following items: 20X9 20X8 $46,500 $45,000 26,000 19,000 60,000 51,000 51,000 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable 165,000 527,000 127,500 554,000 128,000 19,000 17,000 64,000 54,000 Compute the current ratio for 20X8. O 1.14 O 6.30 0 3.82 O 0.87