he following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below.

Assets				Liabilities and Equity
Current assets:				Current liabilities:
Cash	$	61		Accounts payable	$	225
Accounts receivable (net)		179		Other liabilities		60
Notes receivable		57		Total current liabilities		285
Inventories		215		Long-term liabilities		93
Prepaid expenses		43		Total liabilities		378
Total current assets		555		Shareholders' equity:
Plant assets (net)		256		Capital stock		143
				Retained earnings		290
				Total shareholders' equity		433
Total assets	$	811		Total liabilities and equity	$	811

The current ratio is (Round your answer to two decimal places.):

Multiple Choice

2.17.

0.68.

1.47.

1.95.