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The Following Financial Statement Information Is Available for Buil Corporation

Question 146

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The following financial statement information is available for Buil Corporation: 20172016 Inventory $44,000$43,000 Current assets 80,000106,000 Total assets 432,000358,000 Current liabilities 25,00036,000 Total liabilities 102,00088,000\begin{array}{lrr}&2017&2016\\\text { Inventory } & \$ 44,000 & \$ 43,000 \\\text { Current assets } & 80,000 & 106,000 \\\text { Total assets } & 432,000 & 358,000 \\\text { Current liabilities } & 25,000 & 36,000 \\\text { Total liabilities } & 102,000 & 88,000\end{array} The current ratio for 2017 is


A) .31:1.
B) 3.2:1.
C) 1.5:1.
D) 4.24:1.

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