Question: Primate Paper Company reported $ 1 9 0 , 0 0 0 for current assets and $ 2 0 9 , 0 0 0 for

Primate Paper Company reported $190,000 for current assets and $209,000 for other assets. It also had $145,000 of current liabilities and $203,000 of long-term liabilities. The quick assets totalled $114,000. What is the current ratio?

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