The following information pertains to Soho Company. Assume that statement of financial position amounts represent both average and ending balance figures Asome that is were on credit Assets Property, plant and equipment $210,000 Triventory 20,000 Accounts receivable (net) 30,000 Cash and short-term investments 45,000 Total Assets $305,000 Equity and abilities Shareholders equity--ordinary Non-current abilities Current liabilities $160.000 95,000 50,000 $305,000 Total Equity and liabilities Income Statement $120,000 66,000 Sales Cost of goods sold Gross margin Operating expenses 54,000 30.000 $24,000 Net Income Number of ordinary shares Market price of ordinary shares Dividends per share What is the current ratio for Soho? 6,000 $20 50 IP What is the current ratio for Soho? O 1.90 O 1.30 O 0.53 1.50 Question Attempts: 0 of