Use the following data to calculate the current ratio. Nash's Trading Post, LLC Balance Sheet December 31, 2017 Cash $65000 Accounts payable $125000 Accounts receivable 85000 Salaries and wages payable 10000 Inventory 135000 Mortgage payable 150000 Prepaid insurance 75000 Total liabilities $285000 Stock Investments 175000 Land 185000 Buildings $200000 Common stock $210000 Less: Accumulated depreciation (50000) 150000 Retained earnings 475000 Trademarks 100000 Total stockholders' equity $685000 Total assets $970000 Total liabilities and stockholders' equity $970000

a. 2 : 1

b.2 : 1

c. 3 : 1

d. 2.67 : 1