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Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per

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Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this year's financial statements: Foundational 16-8 (Static) 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct

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