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Consider the following information from the financial statements for Rock Inc. Last Year This Year Accounts Receivable 22,078 26,350 Inventory 35,422 37,640 Total Current Assets

Consider the following information from the financial statements for Rock Inc.

Last Year This Year
Accounts Receivable 22,078 26,350
Inventory 35,422 37,640
Total Current Assets 151,140 172,928
Total Assets 484,870 479,524
Total Current Liabilities 25,497 27,190
Total Liabilities 210,959 216,909
Sales 446,974
Cost of Goods Sold 119,111
Operating Expenses 101,372

Calculate this year's current ratio. (enter 2 decimal places. e.g. enter .2968 as .30)

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