A partial balance sheet ($s in thousands) for Captain D's Seafood Inc. is shown below. Assets: Liabilities: Cash $64 Accounts payable $242 Accounts receivable (net) 173 Other liabilities 82 Notes receivable 59 Total current liabilities 324 Inventories 203 Long-term liabilities 119 Prepaid expenses 32 Total liabilities 443 Total current assets 531 Shareholders' equity: Plant assets (net) 263 Capital stock 160 Retained earnings 191 Total stockholders equity 351 Total assets $794 Total liabilities and equity $794 The current ratio is (Round your answer to 2 decimal places):

1.64 times

1.20 times

.67 times

2.62 times