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Question 22 (3 points) Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable Accounts receivable Accrued liabilities

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Question 22 (3 points) Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Fixed assets Prepaid expenses $36,000 64,000 6.000 35,000 51.000 78,000 82.000 114,000 40.000 684.000 15 7.000 Your Answer: 18

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