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Stimac Corporation has total cash of $295,000, no marketable securities, total current receivables of $366,000, total inventory of $185,000, total prepaid expenses of $70,000, total
Stimac Corporation has total cash of $295,000, no marketable securities, total current receivables of $366,000, total inventory of $185,000, total prepaid expenses of $70,000, total current assets of $916,000, total current liabilities of $312,000, total stockholders equity of $2,714,000, total assets of $3,965,000, and total liabilities of $1,251,000. The companys acid-test (quick) ratio is closest to:
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