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Mayfield Inc. has the following data: Current assets: Cash $49,650 Accounts receivable 143,200 Inventories 282,800 Prepaid assets 15,190 Total current assets $490,840 Current liabilities $192,400
Mayfield Inc. has the following data: Current assets: Cash $49,650 Accounts receivable 143,200 Inventories 282,800 Prepaid assets 15,190 Total current assets $490,840 Current liabilities $192,400 Compute Mayfield's quick ratio. (Round to two decimal places.) O a. 2.21 Ob. 1.00 O c. 2.87 O d. 2.32
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