Use Rizwi Corporation's List of Accounts at December 31,2017 to Answer

Multiple Choice

Use Rizwi Corporation's list of accounts at December 31,2017 to answer the following question:
Rizwi Corporation
List of Accounts at December 31,2017
$\begin{array}{lrr}\text { Cash } & \$ 30,000 &\text { Accumulated Depreciation } & \$ 12,000 \\\text { Merchandise } & 21,000 & \text { Notes Payable-Due } 12 / 31 / 2025 & 120,000 \\\text { Inventory } &&& \\\text { Land } & 40,000 &\text { Accounts Payable } & 14,000 \\\text { Buildings } & 80,000& \text { Equipment } & 33,000 \\\text { Accounts Receivable } & 25,000& \text { Notes Payable-Due } 07 / 01 / 2019 & 2,000\end{array}$ What is Rizwi Corporation's current ratio?

A) 0.48 to 1
B) 2.00 to 1
C) 2.55 to 1
D) 2.86 to 1