The following information pertains to Bramble Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 40000 Accounts receivable (net) 25000 Inventory 20000 Property, plant and equipment 211000 Total Assets $296000 Liabilities and Stockholders' Equity Current liabilities $ 50000 Long-term liabilities 98000 Stockholders' equity-common 148000 Total Liabilities and Stockholders' Equity $296000 Income Statement Sales revenue $ 84400 Cost of goods sold 44600 Gross profit 39800 Operating expenses 19800 Net income $ 20000 Number of shares of common stock 5600 Market price of common stock $22 Dividends per share on common stock 0.90 Cash provided by operations $30800 What is the current ratio for this company