A company has net income of $180, sales of $2,635, net fixed assets of $1,800, and current assets of $675. The company also has inventory of $380. What is the common size percentage of inventory?

Select one:

a. 13.25%

b. 15.35%

c. 18.26%

d. 22.26%

e. 26.25%

Johns Hardware has a cash balance of $326, accounts receivable of $186, accounts payable of $535, and inventory of $852. What is the quick ratio of Johns business?

Select one:

a. 1.25

b. .532

c. .957

d. .752

e. 1.02