Use the following to calculate the acid-test ratio.(Round your answer to two decimal places. ) 
Definitions:
Pure Monopolist
A market situation where a single company is the sole producer and seller of a product or service, without any close substitutes.
Nondiscriminating Monopolist
Refers to a monopolist who charges all consumers the same price for its product or service, as opposed to price discrimination practices.
Pure Monopolist
A market structure where a single seller controls the entire supply of a product or service, and no close substitutes exist.
Maximum Profits
The highest level of profit a firm can achieve when it operates at its most efficient production level and pricing strategy.
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