Question 3 (1 point) Using the following balance sheet and income statement data, what is the current ratio? Current assets $ 21,000 Net income Current liabilities 12.000 Stockholders' equity Average assets 132.000 Total liabilities Total assets 90.000 Average common shares outstanding was 15,000. $ 45,000 63.000 27,000 1) 0.78:1 2) 3.33:1 3) 0.57 : 1 4751 :00 Time Left:0:32:35 LIUI Vvulueyesus. AerHPL I Question 4 (1 point) Use the following data to determine the total dollar amount of assets to be classified as current assets. Eddy Auto Supplies Balance Sheet December 31, 2017 $ 126,000 120,000 210,000 90.000 235,000 285,000 Accounts payable Salaries and wages payable Mortgage payable Total liabilities Cash Accounts receivable Inventory Prepaid insurance Stock insestments Land Buildings Less. Accumulated depreciation Trademarks Total assets $ 165,000 30.000 270.000 $465,000 $339,000 Common stock Retained eamings Total stockholders equity Total liabilities and stockholders' equiry $360,000 750,000 SI 110,000 (60,000) 279.000 210.000 SH050.000 $1.375.000 1) $801.000 2) $336,000 3) $546,000 4) $546,000