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20 From the following list of accounts, calculate the quick ratio. (5 Points) Cash. Accounts receivable. Inventory Prepaid insurance $3,000 Accounts payable $ 8,000 6,000

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20 From the following list of accounts, calculate the quick ratio. (5 Points) Cash. Accounts receivable. Inventory Prepaid insurance $3,000 Accounts payable $ 8,000 6,000 Salary payable 3,000 8,000 Notes payable (due in two years)... 10,000 2.000 Short-term investments 2,000 a) 2.1 b) 1.3 c) 1.0 d) 1.4 Submit o 01 C

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