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What is the current ratio for a company with current assets of $78,000, quick assets of $43,000, total assets of $157,000, current liabilities of $62,000,

What is the current ratio for a company with current assets of $78,000, quick assets of $43,000, total assets of $157,000, current liabilities of $62,000, and net sales of $91,000? (Round your final answer to two decimal places.)

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