Question: Using the following balance sheet and income statement data, what is the current ratio? Current assets $28500 $43400 Net income Stockholders' equity Current liabilities 14600

Using the following balance sheet and income statement data, what is

Using the following balance sheet and income statement data, what is the current ratio? Current assets $28500 $43400 Net income Stockholders' equity Current liabilities 14600 76600 Average assets 161900 Total liabilities 41700 Total assets 130000 Average common shares outstanding was 14800. O 0.5 : 1 O 2.0:1 O 2.7:1 3.0:1

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