The following amounts were reported on the December 31, 2022, balance sheet:

Retained earnings	$ 140,000
Buildings and equipment, net of accumulated depreciation	150,000
Accounts receivable	38,000
Common stock	20,000
Wages payable	5,000
Cash	13,000
Land	60,000
Accounts payable	25,000
Bonds payable	90,000
Merchandise inventory	24,000

The current ratio at December 31, 2022 was:

Multiple Choice

A) 2.5.

B) 3.0.

C) 1.7.

D) 1.2.