Time left 0:32:44 Question 16 Not yet answered Marked out of 1.00 P Flag question Chelsea Company presented the following data at the end of 2019: Cash Accounts receivable Merchandise inventory Prepaid insurance Property & equipment Accounts payable Unearned revenue Wages payable Bonds payable $1,575,000 2,800,000 2,450,000 262,500 7,000,000 525,000 600,000 1,200,000 3,000,000 Determine the current ratio for Chelsea Company (rounded). Select one: A.5.15 B. 3.05 Type here to search