A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 46,000 Current liabilities 61,000 Long-term liabilities 66,000 Common stock 151,000 Retained earnings $324,000 Total liabilities and equity $ 81,000 36,000 106,000 101,000 $324,000 Multiple Choice 1.32 214