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The incredible growth of Amazon.com has put fear into the hearts of traditional retailers. Amazons stock price has soared to amazing levels. However, it is

The incredible growth of Amazon.com has put fear into the hearts of traditional retailers. Amazons stock price has soared to amazing levels. However, it is often pointed out in the financial press that it took the company several years to report its first profit. The following financial information is taken from a recent annual report.

($ in millions) Current Year Prior Year
Current assets $132,733 $93,334
Total assets 321,195 225,248
Current liabilities 126,385 87,812
Total liabilities 227,791 163,188
Cash provided by operations 66,064 38,514
Capital expenditures 40,140 16,861
Dividends paid
Net income (loss) 21,331 11,588
Sales 386,064 280,522

Calculate the current ratio for the current year

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