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Privett Company Accounts payable $34,619 Accounts receivable 60,166 Accrued liabilities 6,702 Cash 15,299 Intangible assets 42,434 Inventory 75,150 Long-term investments 116,208 Long-term liabilities 76,518 Marketable
Privett Company Accounts payable $34,619 Accounts receivable 60,166 Accrued liabilities 6,702 Cash 15,299 Intangible assets 42,434 Inventory 75,150 Long-term investments 116,208 Long-term liabilities 76,518 Marketable securities 30,270 Notes payable (short-term) 22,607 Property, plant, and equipment 618,068 Prepaid expenses 1,987 Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point? Oa. 1.7 Ob. 0.7 Oc. 2.9 Od. 15
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