The account balances for Big Screen Theatre Corporation are listed below. All balances are as of December 31, 2015, except where noted otherwise.

Accounts Payable	$14,500	Furniture & Fixtures	$30,000
Accounts Receivable	5,500	Notes Payable (due 3/1/18)	19,000
Accumulated Depreciation	10,000	Prepaid Expenses	22,000
Advertising Expense	11,200	Projection Equipment	30,000
Buildings	68,000	Rent Expense - Movies	50,600
Common Stock	??	Retained Earnings (1/1/15)	73,700
Cash	15,000	Salaries & Wage Expense	46,900
Concessions Revenue	56,200	Ticket Sales Revenue	94,500
Cost of Goods Sold	22,800	Unearned Revenue	2,500
Dividends	2,000	Utility Expense	6,000
Marketable Equity Securities	5,000	Trademark	3,000
Wages Payable	1,000

Determine the Current Ratio on December 31, 2015: