A company has the following account balances. What is the acid-test ratio? (Please round to two decimal places.) 
Definitions:
Holdings
Holdings refer to the securities and assets owned by an investor or investment fund.
Sinking Funds
Sinking funds are reserve accounts set aside by an organization for the purpose of repaying debt or replacing assets in the future.
Bond Indentures
Legal documents specifying the terms and conditions under which a bond is issued, including the rights of bondholders and the duties of the issuer.
Lottery
A form of gambling involving the drawing of numbers at random for a prize, often regulated by governments.
Q62: Kelly Petroleum Products owns furniture that was
Q67: Blanding Company issues $1,000,000 of 8%, 10-year
Q72: A company that uses the perpetual inventory
Q91: On September 1, 2013, Adirondac Marine Supplies
Q120: Internal auditors evaluate company controls to ensure
Q126: When a plant asset is sold, the
Q128: Martin Sales had a Beginning inventory balance
Q129: Petty cash is a fund containing a
Q130: In the credit terms of 2/10, n/30,
Q159: A company has significant uncollectible receivables. Why