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Eral Company has $ 1 7 , 0 0 0 in cash, $ 3 , 0 0 0 in marketable securities , $ 3 6

Eral Company has $17,000 in cash, $3,000 in marketable securities, $36,000 in current receivables, $24,000 in inventories, and $45,000 in current liabilities. The company's acid-test (quick) ratio is closest to:
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0.44 to 1.
0.80 to 1.
1.24 to 1.
1.78 to 1.

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