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Privett Company Accounts payable $36,463 Accounts receivable 74,030 Accrued liabilities 6,696 Cash 17,540 Intangible assets 38,906 Inventory 82,165 Long-term investments 96,502 Long-term liabilities 70,037 Marketable
Privett Company Accounts payable $36,463 Accounts receivable 74,030 Accrued liabilities 6,696 Cash 17,540 Intangible assets 38,906 Inventory 82,165 Long-term investments 96,502 Long-term liabilities 70,037 Marketable securities 35,689 Notes payable (short-term) 24,098 Property, plant, and equipment 650,953 Prepaid expenses 1,933 Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point? a. 0.8 b. 14.8 c. 3.1 d. 19
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