Calculate the Current Ratio Using the Following Information A) 192
B) 2

Calculate the current ratio using the following information: $$\begin{array} {| l | r | } \hline \text { Cash } & \$ 5,000 \\\hline \text { Accounts Receivable } & 1,400 \\\hline \text { Prepaid Rent } & 900 \\\hline \text { Land } & 20,000 \\\hline \text { Equipment } & 4,000 \\\hline \text { Accumulated Depreciation } & 800 \\\hline \text { Accounts Payable } & 3,000 \\\hline \text { Salaries Payable } & 800 \\\hline \text { Notes Payable-long term } & 9,000 \\\hline\end{array}$$

A) 1.92
B) 2.43
C) 1.55
D) 1.68