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XYZ Company Balance Sheet Assets Cash $15,000 Inventory $61,000 Property $114,000 Liabilities Notes Wages Equity Stock $35,000 $56,000 $50,000 Investment $39,000 Total Assets: Total Liabilities
XYZ Company Balance Sheet Assets Cash $15,000 Inventory $61,000 Property $114,000 Liabilities Notes Wages Equity Stock $35,000 $56,000 $50,000 Investment $39,000 Total Assets: Total Liabilities + Equity: Using the balance sheet provided, what is the decimal value for the quick ratio? quick ratio = [?] Round to the nearest tenth.
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