A company has Cash of $20,000, Accounts Receivable of $15,000, Prepaid Insurance of $1,000, Inventory of $12,000, Long-Term Assets of $10,000, Accounts Payable of $16,000 and a Long-Term Bank Loan of $50,000. Calculate its quick ratio.

a. 2.25

b. 3.00

c. 2.19

d. 3.63

E ane feectere a. 230 t.734 cati. 436