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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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