Question 8 5.75 pts Assets $45,000 Cash and short-term investments Accounts receivable (net) 25,000 12,000 Inventory Property, plant and equipment Total Assets 210,000 $292,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-common Total Liabilities & SH Equity $50,000 90,000 152,000 $292,000 Income Statement Sales $120,000 66,000 54,000 Cost of goods sold Gross profit Operating expenses Net income 30,000 $24,000 6,000 Number of shares of common stock Market price of common stock Dividends per share $20 0.5 Using the above information, what is the company's quick ratio? O 1.64 O 5.84 O 1.40 O 1.00