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A partial balance sheet for Captain D's Sportswear Is shown below: (dollars in thousands) Assetsi Liabilities and Stockholder's Equity Cash $70 Accounts payable $247
A partial balance sheet for Captain D's Sportswear Is shown below: (dollars in thousands) Assetsi Liabilities and Stockholder's Equity Cash $70 Accounts payable $247 Accounts receivable (net) 175 Other liabilities 86 Investments 60 Total current liabilities 333 Inventory 204 Long-term liabilities 116 Prepaid rent 26 Total liabilities 449 Total current assets 535 Common stock 157 Retained earnings 192 Property & Equipment, (net) 263 Total stockholders' equity 349 Total assets $798 Total liabilities and equity $798 What is the company's current ratio? (Round your answer to two decimal places.) Multiple Choice O 1.61 2.62 0.67 1.19
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