use the following data to calculate the current ratio.

Cash $165000 Bramble Corp Balance Sheet December 31, 2022 $129900 Accounts payable Salaries and wages 123800 payable 204400 Note payable (due 2025) 91200 Total liabilities Accounts receivable 27900 Inventory 274200 Short-term investments $467100 Land (held for future use) 253500 Land 283000 Buildings $337500 Common stock $360500 Less: Accumulated depreciation (56700) 280800 Retained earnings 739000 Franchise 200000 Total stockholders' equity $1099500 Total liabilities and stockholders' equity $1566600 $1566600 Total assets 6 U T CH K. 8 N . plus.com/course/assignments - 100 1307001 ZODOU depreciation Recared /3YUDU Franchise 200000 Total stockholders' equity $1099500 Total assets $1566600 Total liabilities and stockholders' equity $1566600 131:1 2.85:1 3.36:1 2.39:1 e Textbook and Media Save for Later Attempts: 0 of 1 used Submit > P. 8 7 3 2 4 5 6 00 0 9 C W E or Y o P s F G H KL o V B N M Cash $165000 Bramble Corp Balance Sheet December 31, 2022 $129900 Accounts payable Salaries and wages 123800 payable 204400 Note payable (due 2025) 91200 Total liabilities Accounts receivable 27900 Inventory 274200 Short-term investments $467100 Land (held for future use) 253500 Land 283000 Buildings $337500 Common stock $360500 Less: Accumulated depreciation (56700) 280800 Retained earnings 739000 Franchise 200000 Total stockholders' equity $1099500 Total liabilities and stockholders' equity $1566600 $1566600 Total assets 6 U T CH K. 8 N . plus.com/course/assignments - 100 1307001 ZODOU depreciation Recared /3YUDU Franchise 200000 Total stockholders' equity $1099500 Total assets $1566600 Total liabilities and stockholders' equity $1566600 131:1 2.85:1 3.36:1 2.39:1 e Textbook and Media Save for Later Attempts: 0 of 1 used Submit > P. 8 7 3 2 4 5 6 00 0 9 C W E or Y o P s F G H KL o V B N M