Based on the Following Information from Schrute Company's Balance Sheet

Multiple Choice

Based on the following information from Schrute Company's balance sheet, calculate the current ratio. $$\begin{array} { | l | r | } \hline \text { Current assets } & \$ 87,000 \\\hline \text { Investments } & 50,000 \\\hline \text { Plant assets } & 220,000 \\\hline \text { Current liabilities } & 39,000 \\\hline \text { Long-term liabilities } & 90,000 \\\hline \text { A. Schrute, Capital } & 228,000 \\\hline\end{array}$$

A) .44.
B) 2.23.
C) 1.06.
D) 3.51.
E) 3.33.