Data from Dunshee Corporation's most recent balance sheet appear below:

	Year 2			Year 1
Current assets:
Cash	$	134		$	104
Accounts receivable, net		278			298
Inventory		102			122
Prepaid expenses		14			14
Total current assets	$	528		$	538
Total current liabilities	$	246		$	240

Sales on account in Year 2 amounted to $1,270 and the cost of goods sold was $790.

The acid-test (quick) ratio at the end of Year 2 is closest to:

Brewer_8e_Rechecks_2019_10_30

Multiple Choice

• 2.15

• 1.10

• 1.73

• 1.67