Question: Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $39,000 Accounts receivable 63,000 Accrued liabilities 13,000 Cash

Based on the following data, what is the quick ratio, rounded to one decimal point?

Accounts payable $39,000
Accounts receivable 63,000
Accrued liabilities 13,000
Cash 31,000
Intangible assets 50,000
Inventory 79,000
Long-term investments 87,000
Long-term liabilities 114,000
Marketable securities 40,000
Fixed assets 678,000
Prepaid expenses 6,000

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