A company's trial balance included the following account balances:

Accounts Payable	$	19,327
Accounts Receivable		81,456
Cash		73,444
Income Tax Payable		3,632
Inventory		25,936
Note Payable, due in two years		1,829
Equipment		55,328
Stockholders Equity		204,008
Supplies		5,632
Wages Payable		13,000

What is the amount of the current ratio? (Round your answer to 2 decimal places.)