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Privett Company Accounts payable $32,210 Accounts receivable 61,735 Accrued liabilities 6,308 Cash 23,760 Intangible assets 44,618 Inventory 88,207 Long-term investments 113,107 Long-term liabilities 73,137 Marketable
Privett Company | |
Accounts payable | $32,210 |
Accounts receivable | 61,735 |
Accrued liabilities | 6,308 |
Cash | 23,760 |
Intangible assets | 44,618 |
Inventory | 88,207 |
Long-term investments | 113,107 |
Long-term liabilities | 73,137 |
Marketable securities | 31,429 |
Notes payable (short-term) | 25,490 |
Property, plant, and equipment | 684,382 |
Prepaid expenses | 1,024 |
Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point?
a.3.2
b.1.8
c.16.4
d.0.9
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