Erastic Corporation has $30,000 in cash, $16,000 in marketablesecurities, $58,000 in account receivable, $72,000 in inventories,and $58,000 in current liabilities. The corporation’s currentassets consist of cash, marketable securities, accounts receivable,and inventory. The corporation’s acid-test ratio is closest to:

• 1.00

• 1.52

• 1.79

• 3.03