The current ratio is (Round your answer to 2 decimal places.):

The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. $ 228 79 Assets Current assets: Cash Accounts receivable (net) Notes receivable Inventory Prepaid expenses Total current assets Equipment (net) - 61 307 Liabilities and Equity Current liabilities: $ 61 Accounts payable 176 Other current liabilities Total current liabilities 217 Long-term liabilities 39 Total liabilities 554 Shareholders' equity: 271 Common stock Retained earnings Total shareholders' equity $825 Total liabilities and equity 103 410 140 275 415 $ 825 Total assets The current ratio is (Round your answer to 2 decimal places.): Multiple Choice O 1.35. O 0.67 O 2.04. O 1.80