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The balance sheet for Shrubs Landscaping, Inc. includes:

Cash $54,000

Short-term investments $154,000

Accounts Receivable $96,000

Inventory $360,000

Prepaid Insurance $42,000

Equipment $675,000

Accounts Payable $150,000

Unearned Revenue $100,000

Salaries Payable $15,000

Taxes Payable $5,000

Bonds Payable $750,000

Stockholder’s Equity $361,000

Calculate the current ratio for Shrubs: (Round your answer to two decimal places.)

5.11

2.61

1.35

4.15

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