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The following data was taken from the balance sheet of Hampton, Inc.: Cash Accounts Receivable Inventory Prepaid Expenses Property, Plant, and Equipment Accounts Payable Accrued

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The following data was taken from the balance sheet of Hampton, Inc.: Cash Accounts Receivable Inventory Prepaid Expenses Property, Plant, and Equipment Accounts Payable Accrued Liabilities Notes Payable (long term) $25,000 $65,000 $120,000 $10,000 $220,000 $45,000 $15,000 $50,000 Use the data above to calculate Hampton's current ratio: O3.67 2.0 1.5 7.3

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