The following account values are from Baker Company's balance sheet: Cash $12,500 Accounts Receivable $54,500 Inventory $96,000 Equipment $150,000 Buildings $250,000 Short-term Liabilities $70,400 Long-term Liabilities $210,000

What is Baker's current ratio?

Select one:

a. 0.83

b. 2.05

c. 2.32

d. 4.63