A partial balance sheet ($s in thousands) for Captain D's Seafood Inc. is shown below....
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Accounting
A partial balance sheet ($s in thousands) for Captain D's Seafood Inc. is shown below.
| Assets: | Liabilities: | ||
| Cash | $67 | Accounts payable | $248 |
| Accounts receivable (net) | 171 | Other liabilities | 86 |
| Notes receivable | 59 | Total current liabilities | 334 |
| Inventories | 201 | Long-term liabilities | 112 |
| Prepaid expenses | 36 | Total liabilities | 446 |
| Total current assets | 534 | Shareholders' equity: | |
| Plant assets (net) | 266 | Capital stock | 157 |
| Retained earnings | 197 | ||
| Total stockholders equity | 354 | ||
| Total assets | $800 | Total liabilities and equity | $800 |
The current ratio is (Round your answer to 2 decimal places):
.67 times
2.66 times
1.20 times
1.60 times
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