The financial statements of Weston Office Supply include the following items:

	2017	2016
Cash	$43,500	$50,000
Shortminus

term Investments	27,000	17,000
Net Accounts Receivable	102,000	97,000
Merchandise Inventory	125,000	119,000
Total Assets	527,000	554,000
Total Current Liabilities	251,000	242,000
Long-term Note Payable	59,000	51,000

What is 2017 current ratio? (Round your answer to two decimal places.)

A.

1.70

B.

0.56

C.

0.84

D.

1.19