Question: Current Attempt in Progress Using the following balance sheet and income statement data, what is the current ratio? Current assets $32500 Net income $41400 Current

Current Attempt in Progress Using the following balance sheet and income statement data, what is the current ratio? Current assets $32500 Net income $41400 Current liabilities 14600 Stockholders equity 79400 Average assets 158500 Total liabilities 41700 Total assets 126000 Average common shares outstanding was 15100. O 0.4:1 O 2.2:1 O 3.0:1 O 2.6:1

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