Question: Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory

Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Fixed assets Prepaid expenses $37,000 65,000 5,000 34,000 54,000 70,000 81,000 102,000 33,000 676,000 2,000

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