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Privett Company Accounts payable $28,702 Accounts receivable 66,949 Accrued liabilities 6,006 Cash 20,488 Intangible assets 38,567 Inventory 78,731 Long-term investments 111,761 Long-term liabilities 77,286 Marketable

Privett Company
Accounts payable $28,702
Accounts receivable 66,949
Accrued liabilities 6,006
Cash 20,488
Intangible assets 38,567
Inventory 78,731
Long-term investments 111,761
Long-term liabilities 77,286
Marketable securities 39,264
Notes payable (short-term) 22,504
Property, plant, and equipment 684,900
Prepaid expenses 2,161

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

a.1

b.18.2

c.2.2

d.3.6

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