The balance sheet of Crimpson Solutions Ltd. has cash of $125 million, accounts receivable of $245 million, inventory of $160 million, and equipment worth $450 million. The company also has accounts payable of $120 million, notes payable of $280 million, and corporate bonds of $365 million. Crimpson's current ratio is:
A. ?2.5 times.
B. ?1.56 times.
C. ?1.325 times.
D. ?0.565 times.
E. ?1.855 times.
Answer: C
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