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The financial statements of Trenton Office Supply include the following items: 2025 2024 Cash $45,500 $43,000 Short-term Investments 24,000 17,000 Net Accounts Receivable 97,000 104,000
The financial statements of Trenton Office Supply include the following items: 2025 2024 Cash $45,500 $43,000 Short-term Investments 24,000 17,000 Net Accounts Receivable 97,000 104,000 Merchandise Inventory 132,000 120,000 Total Assets 531,000 546,000 Total Current Liabilities 257,000 241,000 Long-term Note Payable 57,000 50,000 What is the 2025 current ratio? (Round your answer to two decimal places.) O A. 0.86 OB. 1.16 OC. 0.56 OD. 1.69
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