The recent Balance Sheet for Cupcake Palooza included the following information: Cash: 209 Short-term investments: 318 Net Receivables: 964 Inventory: 944 Prepaid Expenses: 275 Total Assets: 11702 Current Liabilities: 3560 Total Liabilities: 6751 Net Income After Tax: 1573 Based on this information, what is the current ratio for the company (to the nearest one decimal place)? Express your response as a number with one decimal place. For example, write 1.9 if you think the current ratio is 19