Lee Kim Inc To Two Decimals, Lee Kim Inc

Lee Kim Inc.'s most recent statement of financial position includes

$\begin{array}{ll} \text{Cash................................................................................ } & \quad \quad \quad \quad \quad\text{\$7,500 \quad \quad \quad } \\\text{Accounts receivable.................................................} & \quad \quad \quad \quad \quad \text{\ 10,000 \quad \quad \quad } \\\text{Inventory..................................................} & \quad \quad \quad \quad \quad \text{\ 13,300 \quad \quad \quad } \\\text{Plant and equipment (net) ...................................................} & \quad \quad \quad \quad \quad \text{\ 73,700 \quad \quad \quad } \\\text{Accounts payable........................................................} & \quad \quad \quad \quad \quad \text{\$ 14,000}\\ \text{Long-term bonds payable.....................................................} & \quad \quad \quad \quad \quad \text{\$ 50,000 \quad \quad \quad } \\\text{Common shares .............................................................} & \quad \quad \quad \quad \quad \text{\$ 20,000 \quad \quad \quad } \\\text{Retained earnings.............................................................} & \quad \quad \quad \quad \quad \text{\$ 20,500 \quad \quad \quad } \\\ \end{array}$

To two decimals, Lee Kim Inc. has a current ratio of

A) .27.
B) .48.
C) 1.63.
D) 2.20.