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Privett Company Accounts payable Accounts receivable $28,376 71,638 Accrued liabilities 6,696 Cash 22,890 Intangible assets 42,771 Inventory 74,340 Long-term investments 104,388 Long-term liabilities 71,488 Marketable
Privett Company Accounts payable Accounts receivable $28,376 71,638 Accrued liabilities 6,696 Cash 22,890 Intangible assets 42,771 Inventory 74,340 Long-term investments 104,388 Long-term liabilities 71,488 Marketable securities 33,009 Notes payable (short-term) 24,593 Property, plant, and equipment 649,707 Prepaid expenses 1,466 Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point? a. 3.4 b. 16.8 C. 0.9 Od. 2.1
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