ABC Inc. has the following data on its year end Balance Sheet: Assets Cash $10,000 Inventory $15,000 Property, Plant, Equipment (net) $500,000 Total Assets $525,000 Liabilities Accounts Payable Long Term Note Payable $6,000 $300,000 Total Liabilities $306,000 Stockholder's Equity Common Stock Additional Paid in Capital Retained Earnings Total Stockholder's Equity $1,000 $10,000 $208,000 $219,000 Total Liabilities and Stockholder's Equity $525,000 What is ABC Inc's quick ratio? Round your response to two decimal places 1.67 87.5 1.72 4.17