Quicksilver Co.has cash of $33,000;net Accounts Receivable of $41,000;short-term investments of $15,000 and inventory of $25,000.It also has $30,000 in current liabilities and $50,000 in long-term liabilities.The current ratio for Quicksilver Co.is:

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Current ratio = Current assets / Current liabilitiesCurrent assets = Cash + Net Accounts Receivable + Short-term investments + InventoryCurrent assets = $33,000 + $41,000 + $15,000 + $25,000 = $114,000Current ratio = $114,000 / $30,000 = 3.80