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14-A company has $33,000 in cash and cash equivalents, $82,000 in shortterm investments, $129,000 in net current receivables, $58,000 in inventory, $10,000 of prepaid insurance
14-A company has $33,000 in cash and cash equivalents, $82,000 in shortterm investments, $129,000 in net current receivables, $58,000 in inventory, $10,000 of prepaid insurance and $13,000 of supplies. The total current liabilities of the firm are $299,000.
The quick ratio of the company is: (Round your final answer to two decimal places.)
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