resented below is information available for Marley Company.

Current Assets

Cash $ 4,000

Short-term investments 55,000

Accounts receivable 61,000

Inventory 110,000

Prepaid expenses 30,000

Total current assets $260,000

Total current liabilities are $100,000. The acid-test ratio for Marley is:

A)

2.60 to 1

B)

2.30 to 1

C)

1.20 to 1

D)

0.59 to 1