What is the current ratio of Chester Use the results of the

What is the current ratio of Chester? Use the results of the Balance Sheet Survey Below.

Balance Sheet Survey		Andrews	Baldwin	Chester	Digby	Erie	Ferris
Cash		$3,434	$0	$15,756	$3,605	$52,632	$5,613
Accounts Receivable		$8,307	$14,914	$12,076	$9,550	$16,903	$4,576
Inventory		$8,617	$25,931	$5,044	$3,491	$3,473	$10,616
Total Current Assets		$20,358	$40,845	$32,876	$16,646	$73,008	$20,804
Plant and equipment		$113,800	$177,400	$124,100	$122,200	$193,600	$78,300
Accumulated Depreciation		($37,933)	($76,903)	($33,454)	($40,920)	($71,416)	($42,600)
Total Fixed Assets		$75,867	$100,497	$90,646	$81,280	$122,184	$35,700
Total Assets		$96,225	$141,342	$123,523	$97,926	$195,192	$56,504
Accounts Payable		$6,583	$8,687	$11,450	$4,443	$10,571	$3,463
Current Debt		$0	$12,555	$7,550	$10,000	$21,830	$9,975
Long Term Debt		$41,700	$69,850	$56,850	$59,850	$59,643	$16,308
Total Liabilities		$48,283	$91,092	$75,850	$74,293	$92,044	$29,747
Common Stock		$18,360	$22,860	$22,775	$18,360	$24,310	$19,119
Retained Earnings		$29,582	$27,391	$24,898	$5,273	$78,839	$7,638
Total Equity		$47,942	$50,251	$47,673	$23,633	$103,148	$26,757
Total Liabilities & Owner\'s Equity	$96,225	$141,342	$123,523	$97,926	$195,192	$56,504

Current ratio = Total Current Assets /Current Liabilities = 32876/(11450+7550)= 1.73