Question: Question 11 O pts The formula for Current Ratio is Current Assets divided by Current Liabilities. ABC Corporation had the following accounts at year-end. Cash

Question 11 O pts The formula for Current Ratio is Current Assets divided by Current Liabilities. ABC Corporation had the following accounts at year-end. Cash $1,550,000 Accounts receivable 655.000 Short-term investments 3.265.000 Equipment 750,000 Land 1,364,000 500.000 Accounts payable Salaries payable 125.675 Long-term bonds payable 265,000 What is ABC's Current Ratio, rounded? (You must determine which accounts to use and which to ignore.) O 7.89 O 1.28 O 8.74 0.921

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