Question: Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the current ratio (note that all current asset accounts are listed). Present

Using the following financial statement data excerpts from KRJ Enterprises annual report, calculate the current ratio (note that all current asset accounts are listed). Present your answer to two decimal places. e.g. 20.00.

Cash & marketable securities

$154

Accounts receivable

$315

Inventory

$444

Other current assets

$234

Fixed assets (net)

$1,109

Intangible assets

$182

Long-term investments

$257

Total current liabilities

$690

Long-term debt

$918

Other long-term liabilities

$155

Stockholders equity

$291

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