Use the cash to current assets ratio to measure the degree of current asset liquidity of Laughlin and Deganes Ltd for the year $2019.$

Accounts data provided for the year $2019$

Cash and cash equivalents $$120$

$000$ Marketable securities $$240000$

Accounts receivables $$2800$

$00$

Inventory

$$275000$

Payables

$$410000$

Interest

payable $$25000$

Current lease liability $80$

$000$ Shareholders' equity $$2000000$

Bonds payable

$800000$

Prepaid

expenses $$20000$