The following information pertains to Coronado Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $ 47000 33000 25000 220000 $325000 Liabilities and Stockholders' Equity Current liabilities $ 50000 Long-term liabilities 124000 Stockholders' equity-common 151000 Total Liabilities and Stockholders' Equity $325000 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income $112000 64000 48000 30000 $ 18000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 5500 $15 0.40 $35500 What is the current ratio for this company? What is the current ratio for this company? O 1.44 1.60 O 2.10 O 0.94