A Company's Trial Balance Included the Following Account Balances What Is the Amount of the Current Ratio? (Round Your

Multiple Choice

A company's trial balance included the following account balances: $\begin{array}{lr}\text { Accounts Payable } & 19,207 \\\text { Accounts Receivable } & 81,336 \\\text { Cash } & 73,324 \\\text { Income Tax Payable } & 3,512 \\\text { Inventory } & 25,816 \\\text { Note Payable, due in two years } & 1,709 \\\text { Equipment } & 54,128 \\\text { Stockholders'Equity } & 202,808 \\\text { Supplies } & 5,512 \\\text { Wages Payable } & 12,880\end{array}$ What is the amount of the current ratio? (Round your answer to 2 decimal places. )

A) 8.05
B) 6.44
C) 5.22
D) 1.00