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What will the current ratio be using the following account balances, if applicable (Round answer to the nearest 2 decimal place. For example, if

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What will the current ratio be using the following account balances, if applicable (Round answer to the nearest 2 decimal place. For example, if amount is 154.27%, then amount would be 1.54 or if amount was 795 then amount would be .801 Cash $13,000 Accounts Receivable $7,000 Prepaid Insurance $756 Net Book Value of Equipment $9,500 Accounts Payable $12,000 Notes Payable due in 3 years $ 18,000

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