Current Attempt in Progress Use the following data to calculate the current ratio. Cash Nash's Trading Post, LLC Balance Sheet December 31, 2022 $185000 Accounts payable 108000 Salaries and wages payable 150000 Mortgage payable 85000 Total liabilities $195000 Accounts receivable 25000 225000 $445000 250000 Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Trademarks 250000 $300000 (55000) 245000 Common stock $303000 Retained earnings 725000 Total stockholders' equity $1028000 Total liabilities and stockholders' equity $1473000 200000 Total assets $1473000 2.71:1 1.33:1 2.40:1 2.01:1