The following partial balance sheet ($ in thousands) for Palsano Seafood Inc. is shown below. Assets Current assets: Cash Accounts receivable (net) Notes receivable Inventory Prepaid expenses Total current assets Equipment (net) 64 Liabilities and Equity Current liabilities: $ 78 Accounts payable 189 Other current liabilities Total current liabilities 219 Long-term liabilities 40 Total liabilities 590 Shareholders' equity: 257 Common stock Retained earnings Total shareholders' equity $847 Total liabilities and equity $ 239 70 309 101 410 130 307 437 $ 847 Total assets The current ratio is (Round your answer to 2 decimal places.): Multiple Choice 1.91. 2.30. 0.70 1.44