ASAP

The following information pertains to Tanzi Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $40,026 28,983 25,764 268,273 $363,046 $62,869 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities and stockholders' equity 93,561 206,616 $363.046 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net Income $92,494 41,622 $50,872 20,678 $30,194 Number of shares of common stock 5,270 Market price of common stock $31 What is the current ratio for this company? Round your answer to two decimal places. Select the correct answer. O0,64 01.10 O2.22 01.51