Question: 9 4 points 01:28:32 A partial balance sheet for Pacific Books is shown below. (dollars in thousands) Assets: Liabilities: Cash Accounts receivable (net) $60 Accounts

 9 4 points 01:28:32 A partial balance sheet for Pacific Books

9 4 points 01:28:32 A partial balance sheet for Pacific Books is shown below. (dollars in thousands) Assets: Liabilities: Cash Accounts receivable (net) $60 Accounts payable 170 Other liabilities Investments 50 Total current liabilities Inventory 200 Long-term liabilities Total liabilities Prepaid rent 25 Total current assets 505 Stockholders' equity: Property & Equipment, (net) 255 Common stock Retained earnings Total stockholders' equity Total assets $760 Total liabilities and equity What is the company's current ratio? (Round your answer to two decimal places) Multiple Choice 1.98 $240 80 320 110 430 150 180 33.0 $760

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