What does a current ratio of $2\mathrm{.}5$ times represent.

For every $$1$ in assets the company has $$2\mathrm{.}50$ in liabilities.

For every $$1$ in current liabilities the company has $$2\mathrm{.}50$ in current assets, not including inventory.

For every $$1$ in current liabilities the company has $$2\mathrm{.}50$ in current assets.

For every $$1$ in liabilities the company has $$2\mathrm{.}50$ in total assets.