Question: Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $38,000 Accounts receivable 60,000 Accrued liabilities 6,000 Cash

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

Accounts payable $38,000
Accounts receivable 60,000
Accrued liabilities 6,000
Cash 37,000
Intangible assets 57,000
Inventory 71,000
Long-term investments 84,000
Long-term liabilities 100,000
Marketable securities 33,000
Fixed assets 680,000
Prepaid expenses 4,000

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