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16. The tollowing asset and liability accouhts ar sheet: $ 80,00o 30,000O 35,000 6,000 3,000 28,000 6,000 20,000 10,000 19,000 20,000 Accounts Receivable Current Portion

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16. The tollowing asset and liability accouhts ar sheet: $ 80,00o 30,000O 35,000 6,000 3,000 28,000 6,000 20,000 10,000 19,000 20,000 Accounts Receivable Current Portion of Long-Term Debt Cash Accounts Payable Allowance for Uncollectible Accounts Equipment Accumulated Depreciation- Equipment Intangible Assets Unearned Rent Inventory Bonds Payable (Long-Term) a. b. c. What is Mason's quick ratio at December 31, 2010? 1.70 2.00 2.43 2.50 d. 6.90

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