The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Liabilities and Equity Current assets: Current liabilities: Cash $ 74 Accounts receivable (net) Notes receivable 178 59 Inventory 202 Prepaid expenses 34 Total current assets 547 Equipment (net) 255 Accounts payable Other current liabilities Total current liabilities Long-term liabilities Total liabilities Shareholders' equity: Common stock Total assets $802 $ 238 68 306 93 399 132 Retained earnings 271 Total shareholders' equity 403 Total liabilities and equity $ 802 The current ratio is (Round your answer to 2 decimal places.)