The following balance sheet information is provided for Duke Company for Year 2: 
What is the company's current ratio? (Round your answer to 2 decimal places.)
Definitions:
Long-Run Total Cost Function
An equation representing the total cost of production when all factors of production are variable and optimized for scale.
Long-Run Supply Function
A relationship indicating the quantity of a good or service that producers are willing to make available in the market over a long period, considering all inputs are variable.
Long-Run Total Cost
The sum of all costs incurred by a firm in the production of goods or services when all inputs are considered variable in the long term.
Profit Maximization
The process of determining the best output and pricing levels to achieve the most profit.
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