Given the following information for the Green Company: Net sales (all on account) Interest expense Income tax expense Net income Income tax rate $5,200,000 240,000 280,000 420,000 40% Total assets: January 1, 2010 $1,800,000 December 31, 2010 2,400,000 Stockholders' equity: January 1, 2010 1,500,000 December 31, 2010 1,600,000 Current assets, December 31, 2010 700,000 Quick assets, December 31, 2010 400,000 Current liabilities, December 31, 2010 300,000 Net accounts receivable: January 1, 2010 December 31, 2010 200,000 180,000 Green's acid-test ratio at December 31, 2010, was: Green's acid-test ratio at December 31, 2010, was: a) 3.67 times b) 2.33 times c) 1.33 times d) 0.43 times