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Privett Company Accounts payable $28,040 Accounts receivable 60,855 Accrued liabilities 6,648 Cash 24,801 35,661 Intangible assets Inventory Long-term investments 79,654 98,537 Long-term liabilities 74,344 33,755

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Privett Company Accounts payable $28,040 Accounts receivable 60,855 Accrued liabilities 6,648 Cash 24,801 35,661 Intangible assets Inventory Long-term investments 79,654 98,537 Long-term liabilities 74,344 33,755 Marketable securities Notes payable (short-term) Property, plant, and equipment 29,765 604,071 2,855 Prepaid expenses Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point? O a. 14.6 Ob. 1.9 Oc. 3,1 Od. 0.9

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