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Question 8 Not yet answered Marked out of 2.00 P Flag question The December 31 balance sheet of Occidental Company includes the following information: Cash

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Question 8 Not yet answered Marked out of 2.00 P Flag question The December 31 balance sheet of Occidental Company includes the following information: Cash $60,000 Short-term investments 30,000 Accounts Receivable 170,000 Inventory 180,000 Prepaid Expenses 40,000 Current Liabilities 200,000 Total Liabilities 600,000 What is Occidental's quick ratio at December 312 Select one: o a. 0.8 O b. 2.4 O c. 1.3 d. 1.5 O O e. None of the above

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