A financial analyst has obtained the following data from Kryton Industries’ financial statements:

Cash	$200,000
Marketable securities	$100,000
Accounts receivable, net	$300,000
Inventories, net	$480,000
Prepaid expenses	$120,000
Total current assets	$1,200,000

Accounts payable	$250,000
Income taxes	$50,000
Accrued liabilities	$100,000
Current portion of long-term debt	$200,000
Total current liabilities	$600,000

In order to determine Kryton’s ability to pay current obligations the financial analyst would calculate Kryton’s cash ratio as