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Bryan Computer has the following income statement and balance sheet. What is Bryan's quick ratio? 1.10x 1.36x 1.58x 1.78x 2.04x begin{tabular}{|l|r|} hline Sales & 1,200,000

Bryan Computer has the following income statement and balance sheet.

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What is Bryan's quick ratio? 1.10x 1.36x 1.58x 1.78x 2.04x

\begin{tabular}{|l|r|} \hline Sales & 1,200,000 \\ \hline Cost of goods sold & 750,000 \\ \hline Selling, general \& admin expenses & 185,000 \\ \hline Depreciation & 56,000 \\ \hline Interest expense & 14,000 \\ \hline Taxes (30\%) & 58,500 \\ \hline Net income & 136,500 \\ \hline & \\ \hline Cash & 60,000 \\ \hline Receivables & 90,000 \\ \hline Inventory & 150,000 \\ \hline Net fixed assets & 480,000 \\ \hline Total Assets & 780,000 \\ \hline Accounts payable & 55,000 \\ \hline Other current liabilities & 40,000 \\ \hline Notes payable & 15,000 \\ \hline Long-term debt & 115,000 \\ \hline Total Equity & 555,000 \\ \hline Total Liabilities \& Equity & 780,000 \\ \hline \end{tabular}

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