The following balance sheet Information is provided for Greene Company for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land $ 5,400 11,550 14,700 1,500 19,400 13,300 $65,850 Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Bonds payable (Due in ten years) Common stock, no par Retained earnings $ 2,730 8,330 11,500 17,000 26,290 $65,850 Total liabilities and stockholders' equity What Is the company's quick (acid-test) ratio? (Round your answer to 2 declmal places.) Multiple Choice 1.53 0.75 3.00 1.40