Market Profile: Explore and explain the cultural, political, and economic environment of your selected market to help inform future business decisions regarding expansion from the domestic market. A. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market. including communication, dimensions of culture, attitudes, common business etiquette and practices, and at least five other important aspects of culture. B. Political and Economic Profile: Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems and ideologies, current leaders, economic measures or characteristics used in classification, and government intervention on trade. C. Legal and Regulatory Profile: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation. K (Liquidity Analysis) The King Carpet Company has $3,180,000 in cash and a total of $11,240,000 in current assets. The firm's current liabilities equal $6,050,000 such that the firm's current ratio equals 1.9 The company's managers want to reduce the firm's cash holdings down to $1,150,000 by paying $500,000 in cash to expand the firm's truck feet and using 51,530,000 in cash to retire a short-term note If they carry this plan through, what will happen to the firm's current rabo? The new current rato is (Round to one decimal place)