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Company 1 Current Assets 61,181 Accounts Receivable 5,248 Inventory 44,674 Total Assets 113,020 Current Liabilities 77,374 Total Liabilities 85,693 Sales 514,796 Gross Profit 128,402 Calculate

	Company 1
Current Assets	61,181
Accounts Receivable	5,248
Inventory	44,674
Total Assets	113,020
Current Liabilities	77,374
Total Liabilities	85,693
Sales	514,796
Gross Profit	128,402

Calculate the quick ratio.

*Please round to the nearest hundredths (two decimal places).

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