Cassiopeia Company has provided the following account balances:

Cash	$76,000
Short-term investments	$8,000
Accounts receivable	$96,000
Supplies	$12,000
Long-term notes receivable	$4,000
Factory Building	$360,000
Equipment	$192,000
Intangible assets	$12,000
Accounts payable	$90,000
Accrued liabilities payable	$12,000
Short-term notes payable	$42,000
Long-term notes payable	$184,000

What is Cassiopeia's current ratio? Round to 2 decimal points