24 Consider the following balance sheet: Orleans Corporation Consolidated Balance Sheet December 31, 2018 and 2017 (in $ millions) Liabilities and Assets 2018 2017 Stockholders' Equity 2018 2017 Current Assets Current Liabilities Cash 63.6 58.5 Accounts payable 87.6 73.5 Notes payable/ Accounts receivable 55.5 39.6 short-term debt 10.5 9.6 Current maturities of long- Inventories 45.9 42.9 term debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current assets 171.0 144.0 Total current liabilities 144.0 132.0 Long-Term Assets Long-Term Liabilities Land 66.6 62.11 Long-term debt Buildings 109.5 91.5 Capital lease obligations Equinment 110 1 99 6 Total Daht Click Save an 239.7 168.9 2397 168 9 Land 66.6 62.1 Long-term debt Buildings 109.5 91.5 Equipment 119.1 99.6 Total Debt Capital lease obligations 239.7 168.9 - 239.7 168.9 Less accumulated depreciation (56.1) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and equipment 239.1 200.7 Goodwill 60.0 - Other long-term liabilities Total long-term liabilities 262.5 191.1 Other long-term assets 63.0 42.0 Total liabilities 406.5 323.1 Total long-term assets 362.1 242.7 Stockholders' Equity 126.6 63.6 Total Assets 533.1 386.7 Total liabilities and Stockholders' Equity 533.1 386.7 Orleans's quick ratio for 2018 is closest to: a. 0.74 b. 0.83 c. 1.15 d. 1.30