Question 13

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The fiscal 2016 balance sheet for Whole Foods Market reports the following data (in millions).

Cash and Cash Equivalents	Marketable Securities	Accounts Receivable	Merchandise Inventories	Current Assets	Current Liabilities
$351	$379	$242	$517	$1,975	$1,341

What is the company's quick ratio?

Select one:

A. 0.69

B. 1.38

C. 0.72

D. 1.47

E. None of the above