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The Pioneer Company has provided the following account balances: Cash $38,200; Short-term investments $4,200; Accounts receivable $6,200; Supplies $49,000; Long-term notes receivable $2,200; Equipment $97,000;

The Pioneer Company has provided the following account balances: Cash $38,200; Short-term investments $4,200; Accounts receivable $6,200; Supplies $49,000; Long-term notes receivable $2,200; Equipment $97,000; Factory Building $182,000; Intangible assets $6,200; Accounts payable $29,800; Accrued liabilities payable $3,900; Short-term notes payable $14,400; Long-term notes payable $93,000; Common stock $182,000; Retained earnings $61,900. What is Pioneer's current ratio?

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