Balance sheet

Assets (in KD)		Liabilities (in KD)
Cash	248264	Accounts payable	80000
Accounts receivable	100000	Accrued expenses	100000
Inventory	210000	Notes payables	180000
Property, Equipment, Plants	1500000	Long-term borrowings	400000
Less: Amortization	50000	Total liabilities
		Total equity
Total assets		Total Liabilities and Total Equity

Consider the above balance sheet.

Calculate the quick ratio of this company.

In the reasons box, comment on the liquidity position of the company.