Based on the following data for Privett Company, what is the quick ratio, rounded to one decimal point? Privett Company Accounts payable $26,285 Accounts receivable 64,265 Accrued liabilities 6,031 Cash 16,705 Intangible assets 42,963 Inventory 75,487 Long-term investments 105,178 Long-term liabilities 72,616 Marketable securities 33,144 Notes payable (short-term) 28,876 Property, plant, and equipment 643,091 Prepaid expenses 2,830 Select the correct answer. 01.9 0.8 3.1 16.1