Suppose Levi\'s Luxury Shop has cash of $8,745, inventory of $36,287, fixed assets of $14,204, accounts payable of $66,410, and accounts receivable of $20,033. What is the current ratio? Solution Current ratio = current assets / current liabilituies current assets = 8745+36287+20033=65065 current liabilities=66410 =65065 / 66410 =0.98.