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