Toronto Corporation's financial statements include the following information: 6,100 52,000 92,800 12,600 $163,500 65,400 $200,000 $315,000 210,000 56,000 Cash Accounts receivable Merchandise inventory Prepaid Expenses Total Current Assets Total Current Liabilities Total Stockholders' Equity Net Credit Sales Cost of Goods Sold Net Income The Current Ratio for Toronto Comapny is: 2.50 4.06 1.51