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Assets Current assets: Cash Accounts receivable (net) Notes receivable Inventory Prepaid expenses Total current assets Equipment (net) Liabilities and Equity Current liabilities: $ 63 Accounts

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Assets Current assets: Cash Accounts receivable (net) Notes receivable Inventory Prepaid expenses Total current assets Equipment (net) Liabilities and Equity Current liabilities: $ 63 Accounts payable 185 Other current liabilities 53 Total current liabilities 216 Long-term liabilities 33 Total liabilities 550 Shareholders' equity: 268 Common stock Retained earnings Total shareholders' equity $818 Total liabilities and equity $ 237 69 306 101 407 147 264 411 Total assets $ 818 The acid-test ratio is (Round your answer to 2 decimal places.): Multiple Choice 0.98. O O 1.35. O 1.80

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