27.

A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands)

Assets:				Liabilities:
Cash	$	70		Accounts payable	$	242
Accounts receivable (net)		172		Other liabilities		82
Investments		52		Total current liabilities		324
Inventory		209		Long-term liabilities		112
Prepaid rent		32		Total liabilities		436
Total current assets		535		Stockholders' equity:
Property & Equipment, (net)		259		Common stock		154
				Retained earnings		204
				Total stockholders equity		358
Total assets	$	794		Total liabilities and equity	$	794

The current ratio is: (Round your answer to 2 decimal places.)

Multiple Choice

• 1.65.

• 1.23.

• 2.56.

• 0.67.