Water and Power Company's Chief Financial Officer (CFO) has decided to take a closer look at the firm's short-term assets and liabilities. W&P's balance sheet follows. What is W&P's current ratio? 0.46 times 0.17 times 1.67 times 6.06 times What is the value of W&P's net working capital? $5, 362, 500 $8, 937, 500 $32, 500,000 $3, 575,000 Assume that W&P decides to purchase $1, 625,000 in additional inventories and pay for them using long-term debt capital. Given the condition of the company noted in the balance sheet, this activity should be expected to cause W&P's current ratio to