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6,525 Use the information below for Harding Company to answer the question that follow. Harding Company. Accounts payable 534,054 Accounts receivable 70,215 Accrued liabilities Cash
6,525 Use the information below for Harding Company to answer the question that follow. Harding Company. Accounts payable 534,054 Accounts receivable 70,215 Accrued liabilities Cash 19,212 Intangible assets 44,588 Inventory 74,217 Long-term investments 103,455 Long-term liabilities 78,380 Marketable securities 34,310 Notes payable (short-term) 22,728 Property, plant, and equipment 629,735 Prepaid expenses 1,958 Based on the data for Harding Company, what is the quick ratio, rounded to one decimal point? a. 3.2 b. 0.8 c. 2 d. 15.4
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