Question: Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 150 $ 120 Accounts receivable, net 310

Data from Dunshee Corporation's most recent balance sheet appear below:

Year 2 Year 1
Current assets:
Cash $ 150 $ 120
Accounts receivable, net 310 330
Inventory 150 170
Prepaid expenses 30 30
Total current assets $ 640 $ 650
Total current liabilities $ 310 $ 320

Sales on account in Year 2 amounted to $1,670 and the cost of goods sold was $1,030.

The current ratio at the end of Year 2 is closest to:

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