Harding Company Accounts payable $40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 What is the quick ratio, rounded to one decimal point? Oa. 2.6 Ob. 2.7 Oc. 1.7 O d. 0.9 Project A requires an original investment of $67,100. The project will yield cash flows of $20,000 per year for 4 years. Project B has a computed net present value of $2,850 over a 4-year life. Project A could be sold at the end of 4 years for a price of $15,600 Following is a table for the present value of $1 at compound interest: 10% 12% Year 1 0.909 0.893 2 0.826 0.797 6% 0.943 0.890 0.840 0.792 0.747 3 0.751 0.712 4 0.683 0.636 0.567 5 0.621 Following is a table for the present value of an annuity of $1 at compound interest Year 6% 10% 12% 1 0.943 0.909 0.893 Z 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.037 3.170 3.791 5 4.212 3.605 Use the tables above. a. Determine the net present value of Project A over a 4-year life with salvage value assuming a minimum rate of return of 12%. Round your answer to two decimal places. b. Which project provides the greatest net present value