Given the selected financial statement data for KRJ Enterprises presented below, calculate the quick ratio. Note that all current asset accounts are listed. Present your answer to two decimal places. e.g. 20.00.

Cash & marketable securities $102

Accounts receivable $375

Inventory $461

Total other current assets $174

Fixed assets (net) $2,303

Intangible assets $189

Long-term investments $340

Total current liabilities $1,017

Long-term debt $988

Other long-term liabilities $169

Stockholders equity $604