Ur assignme... Calculator Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Total assets $ 40,000 30,000 25,000 215,000 $310,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity--Common Total liabilities and stockholders' equity $ 60,000 95,000 155,000 $310,000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income $90,000 45,000 $45,000 20,000 $25,000 6,000 Number of shares of common stock Market price of common stock $20 Previous Next ResignmentSessionLocator assignme... Calculator Property, plant, and equipment Total assets 215,000 $310,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-Common Total liabilities and stockholders' equity $ 60,000 95,000 155,000 $310,000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income $90,000 45,000 $45,000 20,000 $25,000 Number of shares of common stock Market price of common stock 6,000 $20 What is the current ratio? (a. 1.17 b. 0.67 c. 1.42 d. 1.58