The following contains information from the records of the Balfor Architecture Firm. Balfor Architecture Firm Selected Financial Information December 31, 2017 Current Assets $80,000 Current Liabilities 42,000 Long-Term Assets 95,000 Long-Term Liabilities 63,000 Total Revenues 52,000 Total Expenses 37,000 Which of the following statements is an accurate interpretation of the current ratio of Balfor Architecture Firm? (Round your answer to two decimals.) Yantnz: The company has 50.61 of current assets for every $1.00 of current liabilities. O O The company has $1.90 of current assets for every $1.00 of current liabilities. O The company has $2.19 of current assets for every $1.00 of liabilities. O The company has $1.51 of current assets for every $1.00 of liabilities