What is the acid test ratio for Company A calculated using the following Balance Sheet?

Company A

Balance Sheet

December 31, 2010

Assets
Cash		$29,000
Accounts receivable (net)		114,000
Inventory		113,000
Prepaid expenses		6,000
Long-term investments		18,000
Net property, plant, and equipment		507,000
Total assets		$787,000
Liabilities and equity
Accounts payable		$73,000
Note payable		358,000
Common stock		186,000
Retained earnings		170,000
Total liabilities and equity		$787,000

	1.96 1.83
	1.42

3.59