both please and thanks

). The following partial halance sheet iS in thousands for Paisane below Assets Current assets: Cash Accounts receivable (net) Investment securities Inv Prepaid expenses Total current assets Plant assets (net) Liabilities and Equity Current iabilities S 60 Accounts payable 170 Other liabilities s 240 50 Total current liabilities 200 Long-term liabilities 25 Total liabilities Shareholders' equity: Capital stock Retained earnings Total shareholders' equity Total liabilities and equity 150 80 Total assets S 760 5 760 The acid-test (a.k.a. quick) ratio is (Round your answer to tw o decimal places.) A) 0.25. B) 0.88. C) 1.17. D) 1.58. 7) and key ratios are presented below (all numbers are in millions): Excerpts from Dowling Company's December 31, 2018 and 2017, financial statements 2018 2017 S 20 16 Accounts receivable (net) Net sales Cost of goods sold Net income Inventory turnover Return on assets Equity Multiple 100 S 115 60 20 5.22 10.3% 2.36 17 Dowling's average inventory balance for 2018 is (rounded): A) 11. B) 12 C) 11.5 D) 12.5. 3 of 11