Using the following information, calculate the current ratio:

Cash	$1,000
Accounts Receivable	$5,000
Inventory	$10,000
Fixed Assets	$25,000
Accounts Payable	$4,000
Long-term Debt	$20,000
Annual Sales	$50,000
Annual COGS	$40,000

A) 0.67

B) 1.25

C) 1.50

D) 4.00