The following information pertains to Kingbird. Inc. Assume that all balance sheet amounts represent both average and ending balance ligures. Assume Lhat all sales were oncredit. Assets Cash and short-term investments $ 46000 Accounts receivable Inet) 47400 Inventory 27000 Property, plant and equipment 224000 Total Assets $344400 Liabilities and Stockholders' Equity Current liabilities $ 70000 Long term liabilities 76000 Stockholders' equity-common 198400 Total Liabilities and Stockholders' Equity $344400 Income Statement Sales revere 579000 Cost of goods sold 10000 Sales revenue $79000 Cost of goods sold 40000 Gross profit 39000 Operating expenses 21000 Net income $ 18000 Number of shares of common stock 13000 Market price of common stock $24 Dividends per share on common stock 2.8 Cash provided by operations $40000 What is the current ratio for this company? 0.90 O 1.72 O 1.46 O 1.10