Edward Allen Interiors Inc. is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Edward Allen's September 30, 2016, trial balance (The amounts shown represent millions of dollars.) Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $ 152 22 124 39 335 160 195 2 41 357 32 95 Assume that the following events occurred in the following quarter. a. Paid $30 cash for additional Inventory b. Issued additional shares of common stock for $25 in cash. c. Purchased equipment for $210; paid $100 in cash and signed a note to pay the remaining $110 in two years. d. Signed a short-term note to borrow $13 cash. e Conducted negotiations to purchase a sawmill, which is expected to cost $46. (Round your Required: 1-0. Calculate Edward Allen's current ratio at September 30, 2016, prior to the transactions listed abo answer to 2 decimal places.) Answer is complete but not entirely correct. Current Ratio 2.17