RECOMMENDED!!Based on the above data, what is the quick ratio

  

Accounts payable$ 40,000Accounts receivable65,000Accrued liabilities7,000Cash30,000Intangible assets40,000Inventory72,000Long-term investments110,000Long-term liabilities75,000Marketable securities36,000Notes payable (short-term)30,000Property, plant, and equipment625,000Prepaid expenses2,000Based on the above data, what is the quick ratio, rounded to one decimal point?

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