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MMM Inc. has the following account balances at Dec. 3 1 , 2 0 2 0 : Accounts Payable: $ 7 0 0 , 0

MMM Inc. has the following account balances at Dec. 31,2020:
Accounts Payable: $700,000
Cash: $1,450,000
Inventory: $1,850,000
Accounts Receivable (net): $750,000
Net Credit Sales: $25,750,000
PP&E (net): $8,460,000
Bonds Payable due 6/30/22: $5,000,000
Cost of Goods Sold: $13,150,000
Short Term Investments: $150,000
Wages Payable: $425,000
Income Taxes Payable: $100,000
Note Payable due 6/30/21: $2,000,000
Bad Debt Expense: $125,000
Common Stock: $50,000
MMM Inc.'s Current Ratio is?

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