The balance sheet for Shrubs Landscaping, Inc. includes

Cash $54,000

Short-term investments $154,000

Accounts Receivable $96,000

Inventory $360,000

Prepaid Insurance $42,000

Equipment $675,000

Accounts Payable $150,000

Unearned Revenue $100,000

Salaries Payable $15,000

Taxes Payable $5,000

Bonds Payable $750,000

Stockholders Equity $361,000

Calculate the acid-test (quick) ratio for Shrubs: (Round your answer to two decimal places.)

		2.46
		2.61
		2.03
		1.13