are for the fiscal years The following financial information is for Chesapeake Corporation ending 2018 & 2017 (all balances are normal): 2017 2018 Item/Account Cash $24,000 38,000 Accounts Receivable 52,000 52,000 Inventory 47,000 48,000 Current Liabilities 66,000 42,000 Net Sales (all credit) 550,000 485,000 Cost of Goods Sold 288,000 265,000 Use this information to determine the number of current ratio as of December 31, 2018: (Round& enter your answers to one decimal place and enter the value.) Your