The following balance sheet information is provided for Jordan Company for 2014:

Assets: Cash $ 8,000 Accounts receivable 14,150 Inventory 16,000 Prepaid expenses 2,800 Plant and equipment, net of depreciation 20,700 Land 14,600

Total assets $ 76,250

Liabilities and Stockholders' Equity: Accounts payable $ 3,510 Salaries payable 7,030 Bonds payable (Due in 2020) 18,000 Common stock, no par 10,500 Retained earnings 37,210

Total liabilities and stockholders' equity $ 76,250

What is the company's quick (acid-test) ratio? (Round your final answer to 2 decimal places.)

A. 2.10

B. 1.34

C. 3.89

D. 0.78