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Data from Fontecchio Corporation's most recent balance sheet appear below: Cash Marketable securities Accounts receivable Inventory $ 32,000 $ 34,000 $ 48,400 $ 73,000

Data from Fontecchio Corporation's most recent balance sheet appear below: Cash Marketable securities Accounts receivable Inventory $ 32,000 $ 34,000 $ 48,400 $ 73,000 $ 28,000 $ 208,000 Prepaid expenses Current liabilities The corporation's acid-test ratio is closest to: Multiple Choice O 0.55 0.32 0.16 0.39

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