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Privett Company Accounts payable $37,307 Accounts receivable 61,511 Accrued liabilities 6,918 Cash 23,307 Intangible assets 42,030 Inventory 81,417 Long-term investments 113,198 Long-term liabilities 72,327 Marketable
Privett Company Accounts payable $37,307 Accounts receivable 61,511 Accrued liabilities 6,918 Cash 23,307 Intangible assets 42,030 Inventory 81,417 Long-term investments 113,198 Long-term liabilities 72,327 Marketable securities 38,756 Notes payable (short-term) 23,801 Property, plant, and equipment 690,301 Prepaid expenses 1,207 Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point? a. 0.9 b. 1.8 C. 3 d. 15.5
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