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31. Given the following information: Inventory $500 Short-term marketable securities 200 Current liabilities 600 Cash 300 Prepaid insurance 300 Accounts receivable 500 What is the

31. Given the following information:

Inventory $500

Short-term marketable securities 200

Current liabilities 600

Cash 300

Prepaid insurance 300

Accounts receivable 500

What is the quick ratio?

a. 0.5 times

b. 1.67 times

c. 1.75 times

d. 3.75 times

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