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-Refer to the Following Selected Financial Information from Frankle Corp

question 16

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 Current assets 306,450 Plant assets 388,000 Current Liabilities 107,800 Net sales 676,000 Net Income 75,000\begin{array} { | l | r | } \hline \text { Current assets } & 306,450 \\\hline \text { Plant assets } & 388,000 \\\hline \text { Current Liabilities } & 107,800 \\\hline \text { Net sales } & 676,000 \\\hline \text { Net Income } & 75,000 \\\hline\end{array}
-Refer to the following selected financial information from Frankle Corp.Compute the company's current ratio.


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