A.)2.82B.)1.57C.)1D.)1.90

End of the year, The Vulcan Community Hospital's balance sheet is provided below. Base provided information, What is the hospital's quick ratio? AssetsAmount Liabilities & Net AssetsAmount Current Assets Current liabilities Cash $ 415,000.00 Accounts Payable $ 435,000.00 Accounts 599,000.00 Wages Payable $ 100,000.00 Receivable, Net Total Current Inventory 100,000.00 $ 535,000.00 Liabilities Prepaid Expense Long-term $ 6,000.00 liabilities Total Current $ 1,120,000.00 Mortgage Payable $ 35,000.00 Assets Total Long-term $ 35,000.00 liabilities Total Liabilities $ 570,000.00 Fixed Assets Net Assets Net Building and $ 150,000.00 Unrestricted $ Equipment 600,000.00 Land $ Temporarily $ Restricted Total Fixed Assets $ 150,000.00 Permanently LA Restricted 150,000.00 Goodwill $ 50,000.00 Total Net Assets $ 750,000.00 Total Assets $ 1,320,000.00 Total Liabilities & $ Net Assets 1,320,000.00 2.82