Calculate the quick assets (in $) and acid test ratio for the given company. Round ratios to the nearest hundredth. Current Assets Current Liabilities Marketable Accounts Securities Receivable Company a retail grocery chain $452,000 $131,000 Cash $36,350 $97,000 $54,770 $ Quick Assets Acid Test Ratio :1

Calculate the quick ossets (in \$) and acid test ratio for the given company. Round ratios to the nearest hundredth. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Company & CurrentAssets & CurrentLiabilities & Cash & MarketableSecurities & AccountsReceivable & QuickAssets \\ \hline a retal grocery chain & $452,000 & $131,000 & $30,350 & $97,000 & $4,770 & $ & \\ \hline \end{tabular}