Using the following financial statement information, determine Burke Company's current ratio.

Current assets	$	150,000
Noncurrent assets		400,000
Total assets	$	550,000
Current liabilities	$	125,000
Long-term liabilities		156,000
Total liabilities	$	281,000
Common stock	$	100,000
Retained earnings		169,000
Total stockholders' equity	$	269,000
Total liabilities & stockholders' equity	$	550,000

1.20

1.00

1.44

4.40