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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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