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Oriole Industries has the following current assets and liabilities on the company's balance sheet: Cash $18000; Accounts Receivable $4200; Inventory $53000; Prepaid Rent $2600; Accounts

Oriole Industries has the following current assets and liabilities on the company's balance sheet: Cash $18000; Accounts Receivable $4200; Inventory $53000; Prepaid Rent $2600; Accounts Payable $16000; Long-Term Notes Payable $19000; and Unearned Revenue $4000. The company's acid-test ratio would be O 0.51:1 O 1.36:1 1.99:1 O 1.11:1

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