The financial statements for Barrington Service Company include the following items: 12 Compute the current ratio for 2018.(Round answer to two decimal places.) 2018 2019 $50,000 19,000 46,000 48,000 544,000 127,000 15,000 54,000 $49,500 29,000 60,000 156,000 532,000 133,500 20,000 59,000 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable Minimized View 0 1.15 0.87 3.83 6.48