Question 10 (10 points) A company's assets consist of $64,783 of cash, $106,743 of accounts receivable, $264,476 of inventory, and $845,982 of plant and equipment. Its liabilities consist of $58,432 of accounts payable, $23,876 of accruals, and $648,423 of long-term debt. The company's annual sales are $1,578.993, its earnings before interest and taxes are $157,899, it paid $58,358 of interest, and its tax rate is 30%. What is the company's quick ratio? OA) 0.9 B) 2.5 C) 1.6 D) 2.1 E) 3.1