Extracts from the Balance Sheet of Detroit, Inc $$2019$$ Assets
Current Assets

Extracts from the balance sheet of Detroit, Inc. are as follows:
$$2019$$ Assets
Current Assets:
$\begin{array}{ll}\text { Cash and Cash Equivalents } & \$ 30,000 \\\text { Accounts Receivable, Net } & 65,000 \\\text { Merchandise Inventory } & \underline{50,000} \\\text { Total Current Assets } & \underline{145,000} \\\text { Long-term Investments } & 150,000 \\\text { Property, Plant, and Equipment, Net } & \underline{250,000} \\\text { Total Assets } &\underline{\$5 54,000 }\\\text { Total Current Liabilities } & \$ 150,000\end{array}$
Compute the acid-test ratio.