Account Use the following information and calculate the quick ratio for Davis Company and for Bender Inc. Davis Company Dr. Bender Inc. Cr. Dr. Cr. Cash $321 $425 Cash equivalents 88 95 Current notes receivable 56 46 Accounts receivable 603 307 Prepaid expenses 55 85 Merchandise inventory 714 898 Fixed assets 920 755 Accumulated depreciation-fixed assets $415 $225 Accounts payable Current accrued liabilities Mortgage payable Capital Totals 260 198 213 149 917 824 952 1,215 $2,757 $2,757 $2,611 $2,611 a. Calculate the quick ratio for each company. Round your answers to two decimal places. Davis Company quick ratio: Bender Inc. quick ratio: b. Which one is more able to meet current liabilities? would be more liquid.