Delta Company reports the following year-end balance sheet data. The company's acid-test ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 48,000 Current liabilities. 63,000 Long-term liabilities. 68,000 Common stock. 153,000 Retained earnings $ 332,000 Total liabilities and equity $ 83,000 32,000 108,000 109,000 $ 332,000