What is the current ratio? Use the information below. Current Assets Inventory $450,000 Costs of Goods Sold: $2,000,000 $250,000 Total Sales $3,000,000 Acct Rec $200,000 Credit Sales: $1,500,000 Total Assets: $900,000 Total Purchases: $2,500,000 Current $300,000 Operating Expenses: $700,000 Liabilities: Acct Payable $100,000 Pre-Tax Income $60.000 Total Liabilities: $600,000 Owner's Equity $300,000