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Ivanhoe Incorporated had the following transactions involving current assets and current liabilities during February 2 0 2 7 . Feb. 3 Collected accounts receivable of

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Ivanhoe Incorporated had the following transactions involving current assets and current liabilities during February 2027.
Feb. 3 Collected accounts receivable of $17,600.
7 Purchased equipment for $28,200 cash.
11 Paid $4,700 for a 1-year insurance policy.
14 Paid accounts payable of $11,400.
18 Declared cash dividends of $8,200.
Additional information:
As of February 1,2027, current assets were $131,445 and current liabilities were $34,500.
Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, e.g.1.83.)
Current ratio as of February 1,2027 :1
Feb. 3 :1
Feb. 7 :1
Feb. 11 :1
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