QUESTION 20 The following account balance information is available as of December 31, 2015 for XYZ Co.: Cash $3,000,000 Accounts receivable $2,000,000 Marketable securities $1,500,000 Prepaid insurance. $500,000 Equipment (net) $6,000,000 Current liabilities (total) $1,500,000 Long-term liabilities (total) $7,000,000 Common stock. $2,800,000 Retained earnings $1,100,000 What is XYZ Co.'s quick or acid-test ratio? a. 467 54.33 OC82 d. 76