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A company has the following information on its balance sheet. Cash: $10,000 Accounts receivable: $15,000 Inventory: $20,000 Total current assets: $45,000 Accounts payable: $5,000 Deferred

A company has the following information on its balance sheet. Cash: $10,000 Accounts receivable: $15,000 Inventory: $20,000 Total current assets: $45,000 Accounts payable: $5,000 Deferred revenue: $6,000 Total current liabilities: $11,000 Calculate the company's quick ratio. 2.09 3.20 3.11 2.27

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