As a bank loan officer,you are considering a loan application by Bama Bart's Sporting Goods.The company has provided you with its balance sheet and income statement,which contain the following information: the firm's only current assets are $25,000 in cash,$45,000 in accounts receivable,and $140,000 in inventory.It has no marketable securities.The firm also has $190,000 in fixed assets,but no intangible assets.It has $70,000 in current liabilities and its long-term liabilities are $90,000.By using some of this information,you can conclude that Bama Bart's current ratio is:

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The Answer of As a bank loan officer,you are considering a loan application by Bama Bart's Sporting Goods.The company has provided you with its balance sheet and income statement,which contain the following information: the firm's only current assets are $25,000 in cash,$45,000 in accounts receivable,and $140,000 in inventory.It has no marketable securities.The firm also has $190,000 in fixed assets,but no intangible assets.It has $70,000 in current liabilities and its long-term liabilities are $90,000.By using some of this information,you can conclude that Bama Bart's current ratio is:

As a Bank Loan Officer,you Are Considering a Loan Application