The following balance sheet information is provided for Jordan Company for 2014: Assets Cash $ 7,000 Accounts receivable 13,150 Inventory 15,500 Prepaid expenses 2,300 Plant and equipment, net of depreciation 20,200 10740/26240 Land 14,100 ________________________________________ ________________________________________ Total assets $ 72,250 ________________________________________________________________________________ ________________________________________________________________________________ Liabilities and Stockholders' Equity Accounts payable $ 3,210 Salaries payable 7,530 Bonds payable (Due in 2020) 15,500 Common stock, no par 13,000 Retained earnings 33,010 ________________________________________ ________________________________________ Total liabilities and stockholders' equity $ 72,250 ________________________________________________________________________________ ________________________________________________________________________________ What is the company's quick (acid-test) ratio?