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Mayfield Inc. has the following data: Current assets: Cash $55,300 Accounts receivable 159,700 Inventories 236,400 Prepaid assets 14,680 Total current assets $466,080 Current liabilities $164,200

Mayfield Inc. has the following data:

Current assets:
Cash	$55,300
Accounts receivable	159,700
Inventories	236,400
Prepaid assets	14,680
Total current assets	$466,080
Current liabilities	$164,200

Compute Mayfield's quick ratio. (Round to two decimal places.)

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