At December 31, 202X, Rumble Corp. had $50,000 in cash and cash equivalents, $75,000 in accounts receivable, $90,000 in inventory, $48,000 in long-term investments, $750,000 in fixed assets net of depreciation, and $40,000 invested in a patent. In addition, the company had $160,000 in accounts payable and a long-term note payable in the amount of $100,000 with $20,000 due in the next 12 months. What was Rumble Corp.'s quick ratio on that date (rounded to the nearest hundredth)?