Based on the following information from Scranton Company's balance sheet, calculate the current ratio. Current assets$87,000??Investments 50,000Plant assets 220,000Current liabilities 39,000Long-term liabilities 90,000Retained earnings 228,000
A. 3.51.
B. 3.33.
C. 2.23.
D. 1.06.
E. .44.
Answer: C
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