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If a firm has $330,000 total assets with $110,000 noncurrent assets and $170,000 in current liabilities reported on its 2016 financial statements and $220,000 total
If a firm has $330,000 total assets with $110,000 noncurrent assets and $170,000 in current liabilities reported on its 2016 financial statements and $220,000 total assets with $125,000 noncurrent assets and $160,000 current liabilities on its 2015 financial statements, then the firm's current ratio for 2016 is __________.
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