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Crafter Company has the following assets and liabilities: Cash Accounts receivable Inventory Equipment Assets Liabilities Current portion of long-term debt Accounts payable Long-term debt

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Crafter Company has the following assets and liabilities: Cash Accounts receivable Inventory Equipment Assets Liabilities Current portion of long-term debt Accounts payable Long-term debt Determine the quick ratio (rounded to one decimal point). Oa. 5.2 Ob. 3.2 c. 1.0 Od. 1.6 $27,763 14,150 26,524 66,694 8,438 4,796 70,831

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