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The financial statements of Trenton Office Supply include the following items 2019 2018 Cash $48,500 $40,000 Short-term Investments 32.000 18,000 Net Accounts Receivable 93.000 104,000

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The financial statements of Trenton Office Supply include the following items 2019 2018 Cash $48,500 $40,000 Short-term Investments 32.000 18,000 Net Accounts Receivable 93.000 104,000 Merchandise Inventory 134,000 124,000 Total Assets 527,000 .550,000 Total Current Liabilities 260,000 237,000 Long-term Note Payable 54,000 58,000 What is the 2019 current ratio? (Round your answer to two decimal places.) O A. 1.18 OB. 0.58 OC. 0.85 OD. 1.68

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