The financial statements for Barrington Service Company include the following items:

	2019	2018
Cash	$42,500	$47,000
Shortterm Investments	30,000	12,000
Net Accounts Receivable	61,000	47,000
Merchandise Inventory	161,000	45,000
Total Assets	529,000	545,000
Accounts Payable	130,500	123,000
Salaries Payable	25,000	12,000
Longterm Note Payable	64,000	58,000

Compute the current ratio for 2018. (Round answer to two decimal places.)

A.

6.65

B.

0.89

C.

4.04

D.