Peartree Company Provides the Following Data How Much Is the Current Ratio at Year-End 2017?
A)17

Peartree Company provides the following data: $\begin{array}{|l|r|r|}\hline \text { BALANCE SHEET } & 31 \text { Dec } 2017 & 31 \text { Dec } 2016 \\\hline \text { Cash } & \$ 21000 & \$ 18000 \\\hline \text { Accounts receivable, net } & 31000 & 35000 \\\hline \text { Inventory } & 53000 & 25000 \\\hline \text { PP\&E, net } & 120000 & 90000 \\\hline \text { Total assets } & \$ 225000 & \$ 168000 \\\hline\\\hline \text { Accounts payable } & \$ 4000 & \$ 6000 \\\hline \text { Accrued liabilities } & 2000 & 1000 \\\hline \text { Long-term loans payable } & 84000 & 90000 \\\hline \text { Total liabilities } & \$ 90000 & \$ 97000 \\\hline\\\hline \text { Share capital } & \$ 30000 & \$ 2000 \\\hline \text { Retained earnings } & 105000 & 69000 \\\hline \text { Total shareholders' equity } & \$ 135000 & \$ 71000 \\\hline \text { Total liabilities and } & & \\\text { Shareholders'equity } & \$ 225000 & \$ 168000\\\hline\end{array}$ How much is the current ratio at year-end 2017?

A) 17.5
B) 0.5
C) 3.5
D) 16.1