Selected financial data from Lead Company is provided below. Cash Accounts Receivable Inventory Short-Term Investments Land and Building $69,000 $228,000 $273,000 $35,000 $481,000 Current Portion of Long-Term Debt $26,000 Accounts Payable $103,000 a) Calculate the quick ratio. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Quick Ratio= b) True or False? A quick ratio of 2.16 shows that the company is likely to meet its short-term cash obligations. Engion 0