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RST is a social media content producer based in T-Land, and the local currency is T$. As RST's finance manager, you are monitoring the liquidity
RST is a social media content producer based in T-Land, and the local currency is T$. As RST's finance manager, you are monitoring the liquidity position of the business following RST's recent success regarding new client wins, including several high-profile organisations. Total current assets stand at T$ 677,300 and it includes an inventory of T$ 6,205. The total current liabilities are T$ 150,368 and include a short-term loan of T$ 50,000. Calculate RST's current ratio to one decimal place. Do not include symbols, commas or letters in your response
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