Question 1 10 pts Using the information below, what is the current ratio for NL Inc. (if necessary round to the nearest tenth). NL Inc Balance sheet information as of 12/31/2021 Assets Cash = $17,050 A/R = $73,400 Inventories = $8,500 Total Current assets = $98,950 Property Plant and Equipment = $14,250 Total Assets = $113,200 Liabilities A/P $25,000 Other current liabilities. $37,500 Long term debt. $54,500 Total liabilities = $117,000 0.97 1.58 0.85 O 3.96