A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals: Canh Accounts receivable Inventory Equipment Total assets $ 47,000 Current liabilities 62,000 Long-term liabilities 67,000 Common stock 152,000 Retained earnings $328,000 Total liabilities and equity $ 82,000 40,000 107.000 99,000 $328,000 Multiple Choice 0.59 1.33 2.15 0.37