The December 31, 2016 balance sheet of Rowan Company shows current assets of $10,000 and current liabilities of $8,000. On January 1, 2017 the company recorded the following entries:

Cash	2,800
Common Stock		2,800
Cash	2,000
Accounts Receivable		2,000

After the two journal entries were recorded, the company current ratio is:

2 to 1

1.3 to 1

1.9 to 1

1.6 to 1