The December 31, 2019, Balance Sheet of Ivey Company Includes

The December 31, 2019, balance sheet of Ivey Company includes the following information:
Inventory $750,000
Prepaid Expenses 60,000
Total Current Assets 1,800,000
Total Current Liabilities 875,000
Accounts Payable 540,000
What is Ivey's quick ratio at December 31, 2019?

A) 0.80
B) 2.57
C) 1.85
D) 1.13