Question: Question 2 1 pts You are evaluating the balance sheet for SDJ, Inc. From the balance sheet you find the following balances: cash and marketable
Question 2 1 pts You are evaluating the balance sheet for SDJ, Inc. From the balance sheet you find the following balances: cash and marketable securities = $256,000; accounts receivable = $1,164,000; inventory = $3,105,000; accrued wages and taxes = $352,000; accounts payable = $702,000; and notes payable = $786,000. What is the firm's quick ratio? (Round your final answer to two decimal places.)
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