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Line Item Description Amount Accounts payable $31,103 Accounts receivable 65,416 Accrued liabilities 6,468 Cash 15,804 Intangible assets 35,260 Inventory 86,681 Long-term investments 108,059 Long-term liabilities

Line Item Description Amount
Accounts payable $31,103
Accounts receivable 65,416
Accrued liabilities 6,468
Cash 15,804
Intangible assets 35,260
Inventory 86,681
Long-term investments 108,059
Long-term liabilities 77,098
Marketable securities 34,575
Notes payable (short-term) 22,912
Prepaid expenses 2,627
Property, plant, and equipment 692,212

Based on the data for Company, what is the quick ratio, rounded to one decimal point?

a. 1.9

b. 17.2

c. 3.4

d. 0.8

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