Format number to always show 2 decimal places

I would like to format my numbers to always display 2 decimal places, rounding where applicable.

Examples:

number     display
------     -------
1          1.00
1.341      1.34
1.345      1.35

I have been using this:

parseFloat(num).toFixed(2);

But it’s displaying 1 as 1, rather than 1.00.