From the following data (in alphabetical order), calculate the current ratio. Accounts payable: $74,000 Accounts receivable: $75,000 Accrued liabilities: $40,000 Cash: $125,000 Merchandise inventory: $90,000 Net sales: $240,000 $31,500 Net income: Notes payable (due in 2024): Short-term investments: $50,000 $60,000 Enter the answer rounded to two decimals places. Enter only the numerical part of the answer. For instance, if the answer is 4.1766, enter the answer as 4.18