Based on the following information from Scranton Company's balance sheet, calculate the current ratio. Current assets$90,000?Investments 50,600?Plant assets 260,000?Current liabilities 40,000?Long-term liabilities 91,000?Retained earnings 269,600?
A. 2.25.
B. 3.06.
C. 1.07.
D. 0.44.
E. 3.52.
Answer: A
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