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Sheridan Boutique reported the following financial data for 2022 and 2021. Sheridan Boutique Balance Sheet (partial) September 30 (in thousands) 2022 2021 $2,585 $1,035 1,595

Sheridan Boutique reported the following financial data for 2022 and 2021. Sheridan Boutique Balance Sheet (partial) September 30 (in thousands) 2022 2021 $2,585 $1,035 1,595 Current assets Cash and short-term deposits Accounts receivable Inventories Other current assets Total current assets 2,165 1.215 1,025 205 335 $6,300 $3,860 Current liabilities $4,515 $2,635 (a) Calculate the current ratio for Sheridan Boutique for 2022 and 2021. (Round answers to 2 decimal places, e.g. 1.25:1) 2022 2021 Current ratio :1 :1 e Textbook and Media

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