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The financial statements for Barrington Service Company include the following items: 2 0 2 6 2 0 2 5 Cash $ 4 8 , 5

The financial statements for Barrington Service Company include the following items:
2026
2025
Cash
$48,500
$46,000
Shortminusterm Investments
29,000
20,000
Net Accounts Receivable
52,000
50,000
Merchandise Inventory
157,000
46,000
Total Assets
528,000
544,000
Accounts Payable
133,500
126,000
Salaries Payable
23,000
18,000
Longminusterm Note Payable
61,000
53,000
Compute the current ratio for 2025(round final answer to two decimal places).

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