Jones and Jones, Inc.'s working capital accounts and balances are as follows: Cash = $65; Accounts receivable = $145; Inventories = $200; Accrued wages payable = $20; and Accounts payable = $180. The firm's quick ratio is:

Question 97 options:

A)

1.16x

B)

2.27x

C)

1.05x

D)

2.05x