The Following Information Is Available for Potter Company What Is the Current Ratio?
A) 0

Multiple Choice

The following information is available for Potter Company:
$\begin{array}{ll}\text { Total Current Assets } & \$ 356,000 \\\text { Total Current Liabilities } & \$ 203,000\\\text { Total Assets }&\$1,000,000\\\text { Total Liabilities } & \$ 500,000 \\\text { Cash } & \$ 100,000\end{array}$
What is the current ratio?

A) 0.76
B) 1.75
C) 2.05
D) 2.51