The balance sheet and income statement shown below are for Kosks Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt mast be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable 2019 $4,200 17,500 Inventories 20.300 Total current assets $42,000 Net plant and equipment $28,000 Total assets $70,000 Liabilities and Equity Accounts payable $27,531 Accruals 12.309 Notes payable 5,000 Total current abilities 144,900 Long-term bonds $9,000 Total abilities $53,900 Common stock $3.864 Retained earnings 12.236 Total common equity $16,100 Total abilities and equity $70,000 Income Statement (Millions of 5) Net sales 2019 $112,000 Operating costs except depreciation 104,160 Depreciation 2.240 Earnings before interest and taxes (EBIT) $5,000 Less interest 840 Earnings before taxes (EBT) $4,760 Taxes 1,190 $3.570 Net income Other data Shares outstanding (millions) 500.00 Common dividends (millions of 5) $1249.50 int rate on notes payable & L-T bonds 0% Federal plus state income tax rate 25% Year-end stock price $68.54 Refer to Exhibit 4.1. What is the firm's quick ratio? Do not round your intermediate calculations. 3400 0.000 2012 642 0.01