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The following information was taken from the financial statements of Jordan's Mc Financial Information item Total current assets Property, plant, and equipment Current liabilities

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The following information was taken from the financial statements of Jordan's Mc Financial Information item Total current assets Property, plant, and equipment Current liabilities Long-term liabilities Owner's equity Beginning inventory Ending inventory Cost of goods sold Net income The current ratio for Brandon's Motor Shop is closest to O 2.5 to 1 O 1.3 to 1 O1 to 2.5 O 2.4 to 1 Amount $ 55,000 6,000 22,000 4,000 34,000 31,000 33,000 152,000 42,000

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