Company's total assets and total liabilities at the end of the year are as follows:The quick ratio for this company is approximately: A. 1.09. B. 0.80. C. 1.16. D. 0.50. 10. Which of the following statements regarding issued and outstanding stock is true? A. Outstanding stock includes all stock issued by a corporation. B. Issued stock equals the sum of outstanding stock and treasury stock. C. Issued stock is equal to authorized stock. D. Outstanding stock includes stock in the hands of investors, as well as treasury stock in the hands of the corporation. 11. Stock dividends and stock splits are similar in all of the following ways except A. they both involve a pro rata distribution of shares to existing stockholders. B. they both reduce the stock price. C. they both decrease retained earnings. D. have no effect on cash