Sanchez Corporation
Selected Financial Information
	12/31/X2				12/31/X1
Cash	$	20,000			$	25,000
Accounts receivable (net)		100,000				110,000
Inventories		190,000				155,000
Total current assets		310,000				290,000
Long-term assets		230,000				210,000
Current liabilities		200,000				190,000
Long-term liabilities		40,000				50,000
Shareholders' equity		300,000				260,000
Net income	$	40,000
Interest expense		10,000
Income tax expense		20,000

The acid-test ratio for 20X2 is: