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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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