Based on the following information, determine the current ratio, assuming all accounts have a normal balance? Cash Accounts receivable Office supplies Land Office equipmcel Accounts payable Common stock 56,754 13,733 2,625 37,153 14,535 6.463 54,490 Dividends Consulting fees carned Rent expense Salaries expense Telephone expense Miscellaneous expense Retained earnings $2,000 13,71% 3,673 6,612 560 280 Multiple Choice 1.23 O 123 157 O 35 9 11:57