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Privett Company Accounts payable $29,664 Accounts receivable 61,211 Accrued liabilities 6,779 Cash 22,351 Intangible assets 37,356 Inventory 78,918 Long-term investments 100,432 Long-term liabilities 71,538 Marketable
Privett Company Accounts payable $29,664 Accounts receivable 61,211 Accrued liabilities 6,779 Cash 22,351 Intangible assets 37,356 Inventory 78,918 Long-term investments 100,432 Long-term liabilities 71,538 Marketable securities 33,519 Notes payable (short-term) Property, plant, and equipment 25,921 602,603 Prepaid expenses 2,214 . Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point? a. 0.9 b. 15.1. c. 3.2 d. 1.9
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