Use the information in the adjusted trial balance presented below to calculate the current ratio for Taron Company:

Account Title	Dr.			Cr.
Cash	$	38,000
Accounts receivable		21,000
Prepaid insurance		8,600
Equipment		150,000
Accumulated depreciationEquipment				$	75,000
Land		100,000
Accounts payable					22,000
Interest payable					3,650
Unearned revenue					6,500
Long-term notes payable					45,000
Retained earnings					165,450
Totals	$	317,600		$	317,600

Multiple Choice

• 0.48.

• 2.00.

• 3.11.

• 2.10.

• 1.84.