Classified Balance Sheet

The information that follows is from Cullens Hardware Companys June 30, 2014, post-closing trial balance.

Account Name	Debit	Credit
Cash	42,800
Short-Term Investments	34,300
Sales Supplies	1,280
Merchandise Inventory	145,000
Prepaid Rent	2,100
Prepaid Insurance	4,800
Accounts Receivable	287,000
Office Supplies	440
E. Cullen, Capital		412,660
Notes Receivable	10,000
Land	31,400
Delivery Equipment	43,200
Accumulated DepreciationDelivery Equipment		28,400
Trademark	4,000
Accounts Payable		124,600
Salaries Payable		7,700
Deposit for Future Advertising	3,680
Interest Payable		840
Long-Term Notes Payable		80,000
Building, Not in Use	44,200
	654,200	654,200

Compute Cullens Hardware's current ratio and debt to equity ratio. Round your answers to one decimal place.

Current ratio
Debt to equity ratio	%