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The December 31, 2016, balance sheet of Schuster Company includes the following information: Cash $ 120,000 Short-term Investments 60,000 Accounts Receivable 340,000 Inventory 360,000 Prepaid

The December 31, 2016, balance sheet of Schuster Company includes the following information: Cash $ 120,000 Short-term Investments 60,000 Accounts Receivable 340,000 Inventory 360,000 Prepaid Expenses 80,000 Current Liabilities 300,000 Total Liabilities 1,200,000. 


What is Schuster's quick ratio at December 31, 2016?

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