December 31, 2006 and 2005 (in $ millions) 2006 2005 Assets Current Assets Cash 60.3 73.5 Liabilities and 2005 Stockholders' Equity 2006 Current Liabilities 58.5 Accounts payable 85.4 Notes payable 39.6 short-term debt 9.7 Current maturities of 42.9 long-term debt 38.4 3.0 Other current liabilities 6.0 144.0 Total current liabilities 139.5 Accounts receivable 55.7 9.6 45.6 Inventories Other current assets Total current assets 5.9 167.5 36.9 12.0 132.0 238.5 Long-Term Liabilities Long-term debt Capital lease obligations 66.2 110.3 115.8 168.9 62.1 91.5 99.6 Long-Term Assets Land Buildings Equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other long-term assets Total long-term assets (55.3) (52.5) Deferred taxes 22.8 22.2 237 60.0 63.0 360 200.7 Other long-term liabilities Total long-term liabilities 42.0 Total liabilities 242.7 Stockholders' Equity 261.3 400.8 126.7 191.1 323.1 63.6 527.5 386.7 Total liabilities and Total Assets 527.5 386.7 Stockholders' Equity Refer to the balance sheet above. Luther's quick ratio for 2006 is closest to: O A. 0.87 B. 1.31 O C. 1.75 OD. 1.23