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Using the following data, what is the company's current ratio? Office Depot Co Balance Sheet December 31, 2020 594,000 Accounts payable $140,000 Accounts receivable 100.000

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Using the following data, what is the company's current ratio? Office Depot Co Balance Sheet December 31, 2020 594,000 Accounts payable $140,000 Accounts receivable 100.000 Salaries and wages payable 40,000 Inventory 140,000 Mortgage payable 180,000 Prepaid insurance 80,000 Total liabilities 5.360,000 Stock Investments Clong term) 170,000 Land 190,000 Buildings 5226.000 Common stock $220.000 Less: Accumulated depreciation (10,000) 186,000 Retnined camningas 500,000 Trademarks 140,000 5740,000 Total stockholders' equity Total acts 51.100,000 51.100.000 Total liabilities and stockholders' equily 1.86:1 2.30 : 1 1.15:1 3.06:1

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