The Young Company has the following assets and liabilities:

ASSETS Cash $35,000 Accounts receivable 15,000 Inventory 30,000 Equipment 50,000

LIABILITIES Current portion of long-term debt 10,000 Accounts payable 2,000 Long-term debt 25,000

Determine the quick ratio (rounded to one decimal point).

13.0

4.2

6.7

3.5