Question 1 (1 point)
B&T Supply, Inc. has Cash of $4,000, Accounts Receivable $9,000, Office Supplies of $500, Land of $50,000 and Buildings of $100,000. They owe $6,000 of Accounts Payable, $1500 of Salaries Payable, and $75,000 of Long-term Notes Payable. What is the company's current ratio (round to two decimals including zeros if needed)?