The following balance sheet information is provided for Greene Company for 2014:

What is the company's quick (acid-test) ratio?

Assets
Cash	5400
Accounts receivable	15500
Inventory	18,000
Prepaid expenses	1,600
Plant and equipment, net of depreciation	20.200
Land	19,950
Total assets	80.650

Liabilities and Stockholders' Equity
Accounts payable	4,500
Salaries payable	11,500
Bonds payable Due n 2020	19.000
Common stock, no par	30,000
Retained earnings	15,650
Total liabilities and stockholder equity	80.650