The following presents the balance sheet for Firm K. Calculate the Cash Ratio for Firm K. Total Assets: 2,000 o Current Assets: 600 Cash: 100 Receivables: 200 Inventory: 300 o Noncurrent Assets: 1,400 .Net PP&E: 1,100 Other NCA: 300 Total Liabilities: 1,500 o Current Liabilities: 700 Current Debt: 250 - Payables: 300 Accruals: 150 o Noncurrent Liabilities: 800 Long Term Debt: 800 Total Equity: 500 o Common Stock 400 o Retained Earnings 100 0.14 0.17 0.40 O 0.43