Using the following balance sheet and income statement data, what is the current ratio? Current assets $38000 Net income $41200 Current liabilities 15000 Stockholders' equity 78400 Average assets 158100 Total liabilities 41700 Total assets 118000 Average common shares outstanding was 16100.

2.7 : 1

0.4 : 1

2.9 : 1

2.5 : 1