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Privett Company Accounts payable $28,769 Accounts receivable 61,520 Accrued liabilities 6,513 Cash 23,785 Intangible assets 43,126 Inventory 81,219 Long-term investments 90,071 Long-term liabilities 70,162 Marketable
Privett Company | |
Accounts payable | $28,769 |
Accounts receivable | 61,520 |
Accrued liabilities | 6,513 |
Cash | 23,785 |
Intangible assets | 43,126 |
Inventory | 81,219 |
Long-term investments | 90,071 |
Long-term liabilities | 70,162 |
Marketable securities | 33,194 |
Notes payable (short-term) | 25,834 |
Property, plant, and equipment | 653,142 |
Prepaid expenses | 2,266 |
Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point?
a.16.2
b.1.9
c.0.9
d.3.3
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