Assume current assets totaled $53,000 and the current retio was 12 before the following indopendent transactions: 1 Purchased merchandise for $14,000 on short-term credit 2. Purchased a dellyery truck for \$31,000. Poid 55,000 cosh and sugned a two-yeor interest-betaring note for the balance Required: Compute the current ratio after each independent transoction Note: Round your enswers to 2 decimal places