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Privett Company Accounts payable $30,862 Accounts receivable 63,992 Accrued liabilities 6,576 Cash 16,642 Intangible assets 41,791 Inventory 70,862 Long-term investments 104,388 Long-term liabilities 70,670 Marketable
Privett Company | |
Accounts payable | $30,862 |
Accounts receivable | 63,992 |
Accrued liabilities | 6,576 |
Cash | 16,642 |
Intangible assets | 41,791 |
Inventory | 70,862 |
Long-term investments | 104,388 |
Long-term liabilities | 70,670 |
Marketable securities | 30,749 |
Notes payable (short-term) | 28,251 |
Property, plant, and equipment | 686,349 |
Prepaid expenses | 1,700 |
Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point?
a.1.7
b.0.7
c.15.5
d.2.8
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