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Use the following data to calculate the current ratio. Tamarisk, Inc. Balance Sheet December 31, 2022 $190000 Accounts payable $208000 Cash 153000 Accounts receivable 27000

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Use the following data to calculate the current ratio. Tamarisk, Inc. Balance Sheet December 31, 2022 $190000 Accounts payable $208000 Cash 153000 Accounts receivable 27000 Salaries and wages payable Inventory 161000 241000 Mortgage payable Prepaid insurance 94300 Total liabilities $476000 Stock investments 273000 Land 294000 Buildings $314000 Common stock $416300 Less: Accumulated depreciation (56000) 258000 Retained earnings 747000 Goodwill 216000 Total stockholders equity $1163300 Total assets $1639300 Total liabilities and stockholdersi equity $1639300 O 1.49:1 O 2.55:1 2.91:1 O 2.181

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