The following balance sheet information is provided for Duke Company for Year 2: Assets Cash $5,000 Accounts receivable 11,150 Inventory 14,500 Prepaid expenses 1,300 Plant and equipment, net of depreciation 19,200 Land 13,100 Total assets $64,250 Liabilities and Stockholders' Equity Accounts payable $2,610 Salaries payable 8,530 Bonds payable (due in ten years) 10,500 Common stock, no par 18,000 Retained earnings 24,610 Total liabilities and stockholders' equity $64,250 What is the company's current ratio