The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below.

Assets				Liabilities and Equity
Current assets:				Current liabilities:
Cash	$	61		Accounts payable	$	222
Accounts receivable (net)		188		Other current liabilities		78
Notes receivable		53		Total current liabilities		300
Inventory		210		Long-term liabilities		94
Prepaid expenses		44		Total liabilities		394
Total current assets		556		Shareholders' equity:
Equipment (net)		268		Common stock		142
				Retained earnings		288
				Total shareholders' equity		430
Total assets	$	824		Total liabilities and equity	$	824

The current ratio is (Round your answer to 2 decimal places.):