The Following Contains Information from the Records of the Becker

Multiple Choice

The following contains information from the records of the Becker Architecture Firm. $\begin{array}{c}\text { Becker Architecture Firm}\\\text { Selected Financial Information}\\ \text { December 31,2019}\\\begin{array}{|l|r|}\hline \text { Current Assets } & \$ 90,000 \\\hline \text { Current Liabilities } & 30,000 \\\hline \text { Long-Term Assets } & 99,000 \\\hline \text { Long-Term Liabilities } & 60,000 \\\hline \text { Total Revenues } & 55,000 \\\hline \text { Total Expenses } & 37,000\\\hline\end{array}\end{array}$
Which of the following statements is an accurate interpretation of the current ratio of the Becker Architecture Firm? (Round your answer to two decimal places.)

A) The company has $2.53 of current assets for every $1.00 of liabilities.
B) The company has $3.00 of current assets for every $1.00 of current liabilities.
C) The company has $1.65 of current assets for every $1.00 of liabilities.
D) The company has $0.62 of current assets for every $1.00 of current liabilities.