Owen Monie is attempting to categorize several items from his company's financial statements so he can determine his working capital. Owen notices the following categories of accounts and amounts: cash $8,800 accounts payable $17,250 accounts receivable $22,100 sales tax due city $3,125 sales tax due the state department of revenue $1,500 inventory $26,500 wages payable $7,100 taxes payable (federal) $5,000 money market fund $18,750 What is Owen's quick ratio?