Given the following partial balance sheet information for Staffen's Superstore calculate the current ratio:

Show your answer $to2$ decimal places

Staffen's Superstore

Partial Balance Sheet

Assets

Cash $$141213$

Accounts Receivable $$35000$

Inventory $$41458$

Short$-$Term Investments $$22000$

Total Current Assets $$239671$

Equipment $$40000$

Total Assets $$279671$

Liabilities

Accounts Payable $$86484$

Unearned Revenue $$15000$

Total Current Liabilities $$101484$

Notes Payable $$35662$

Total Liabilities $$137146$