2 3 Fact Pattern: A company has a current ratio of 1.4, a quick, or acid test, ratio of 1.2, and the following partial summary balance sheet: Cash $ 10 Accounts receivable Inventory Fixed assets Total assets $100 Current liabilities $. Long-term liabilities 40 Stockholders' equity 30 Total liabilities and equity The company has an accounts receivable balance of 7 8 $ 10 13 Basic Calculator Time Value Tables A $100 15 16 B. $36 17 c. $66 20 D. $26