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United Transportation Corporation has total assets of $689,400, long-term debt of $198,375, total equity of $394,182, net fixed assets of $450,000, and sales of $1,021,500.
United Transportation Corporation has total assets of $689,400, long-term debt of $198,375, total equity of $394,182, net fixed assets of $450,000, and sales of $1,021,500. The profit margin is 6.2 percent. What is the current ratio?
Group of answer choices
2.33
2.47
2.79
1.50
1.40
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