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The Following Financial Statement Information Is Available for Houser Corporation

question 165

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The following financial statement information is available for Houser Corporation: 20132012 Inventory $44,000$43,000 Current assets 81,000106,000 Total assets 432,000358,000 Current liabilities 30,00036,000 Total liabilities 102,00088,000\begin{array} { l r r } & { 2013 } &{ 2012 } \\\text { Inventory } & \$ 44,000 & \$ 43,000 \\\text { Current assets } & 81,000 & 106,000 \\\text { Total assets } & 432,000 & 358,000 \\\text { Current liabilities } & 30,000 & 36,000 \\\text { Total liabilities } & 102,000 & 88,000\end{array} The current ratio for 2013 is


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