The following balance sheet information is provided for Greene Company for Year 2: Assets Cash $6,000 Accounts receivable 12,150 Inventory 15,000 Prepaid expenses 1,800 Plant and equipment, net of depreciation 19,700 Land 13,600 Total assets $53.250 Liabilities and Stockholders' Equity Accounts payable $2,910 Salaries payable 8,030 Bonds payable (due in ten years) 13,000 Common stock, no par 15,500 Retained earnings 28,810 Total liabilities and stockholders' equity $63,250 What is the company's quick (acidtest) ratio? (Round your answer to 2 decimal places.)