A partial balance sheet for Captain D's Sportswear is shown below. (dollars in thousands) Assets: Cash $69 Liabilities and Stockholder's Equity: Accounts payable $244 Accounts receivable (net) 176 Other liabilities. 90 Investments 59 Total current liabilities 334 Inventory 205 Long-term liabilities 111 Prepaid rent 33 Total liabilities 445 Total current assets 542 Common stock 155 Retained earnings 199 Property & Equipment, (net) 257 Total stockholders' equity 354 Total assets $799 Total liabilities and equity $799 What is the company's current ratio? (Round your answer to two decimal places.)