Use the information in the adjusted trial balance presented below to calculate the current ratio for Taron Company:

Account Title	Dr			Cr
Cash	$	65,000
Accounts receivable		30,000
Prepaid insurance		12,200
Equipment		240,000
Accumulated depreciationEquipment				$	120,000
Land		109,000
Accounts payable					31,000
Interest payable					5,900
Unearned revenue					9,200
Long-term notes payable					72,000
Z. Taron, Capital					218,100
Totals	$	456,200		$	456,200

Multiple Choice

• 2.33.

• 0.43.

• 2.36.

• 2.23.

• 2.06.