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company presents the following balance sheet. (dollarsthousands) Assets:Liabilities:   Cash$60Accounts payable

 in 

 

 

$240

   Accounts receivable (net)

170

Other liabilities

80

   Investments

50

Total current liabilities

320

   Inventory

200

Long-term liabilities

110

   Prepaid rent

25

    Total liabilities

430

      Total current assets

505

Stockholders' equity:

 

   Property & Equipment, (net)

255

Common stock

150

 

 

Retained earnings

180

 

       

Total stockholders' equity

330

Total assets

$760

Total liabilities and equity

$760

 

The current ratio is (rounded to two decimal places)?

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