Question: Night Train Incorporated has posted a partial balance sheet from their current financials. The company would like help in calculating their liquidity position. Balance Sheet

Night Train Incorporated has posted a partial balance sheet from their current financials. The company would like help in calculating their liquidity position.

Balance Sheet Current Financials
Accounts Receivable $722,500.00
Cash and Marketable Securities $201,200.00
Inventory $450,950.00
Notes Payable $521,100.00
Accounts Payable $341,650.00

Find the current ratio for the firm.

round to 2 decimals

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