Based on the following data, what is the current ratio, rounded to one decimal place? Accounts payable Accounts receivable Accrued liabilities Cash Fixed assets Intangible assets Inventory Long-term investments Long-term liabilities Prepaid expenses Temporary investments a. 2.8 O b. 1.4 O c. 7.6 O d. 9.8 $32,000 50,000 4,000 50,000 670,000 40,000 65,000 80,000 100,000 1,000 107,600

Based on the following data, what is the current ratio, rounded to one decimal place? a. 2.8 b. 1.4 c. 7.6 d. 9,8