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q number 17 The following table shows some selected financial information of Dhofar Company, Cash 10000 Marketable securities 5000 Account Receivables 12000 Inventory 8000 Rent

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The following table shows some selected financial information of Dhofar Company, Cash 10000 Marketable securities 5000 Account Receivables 12000 Inventory 8000 Rent expense 4000 Machinery 30000 8000 Notes Payables Short term Loan 12000 Long term Loan 15000 According to the given information, which of the following shows the Quick Ratio (QR) correctly? Select one: a. 1 O b. 1.5 c. 1.35 O d. 1.75

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