From the following data for David ProElecticals, calculate the quick ratio.

Cash $68,500

Accounts receivable 130,000

Inventories 213,000

Prepaid expenses 25,000

Total current assets $436,500

Less current liabilities 275,000

Working capital $161,500

Select one:

a.1.6

b.0.7

c.0.3

d.1.5