What is the company's quick (acid-test) ratio? 1.40 3.06 1.57 0.75

Assets Cash Accounts receivable Inventory Prepald expenses Plant and equlpment, net of depreclatlon Land Total assets Liabilities and Stockholders' Equity Accounts payable Salarles payable Bonds payable (Due In 2020) Common stock, no par Retalned earnlngs Total llabllltles and stockholders' equlty 5.600 11,750 14,800 1,600 19.500 13.400 66,650 2790 8.230 12.000 16.500 27,130 66,650 What is the company's quick (acid-test) ratio? (Round your final answer to 2 decimal places.) 0 1.40 0 3.06 0 1.57 0 0.75