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Stimac Corporation has total cash of $235,000, no marketable securities, total current receivables of $306,000, total inventory of $161,000, total prepaid expenses of $58,000, total
Stimac Corporation has total cash of $235,000, no marketable securities, total current receivables of $306,000, total inventory of $161,000, total prepaid expenses of $58,000, total current assets of $760,000, total current liabilities of $276,000, total stockholders' equity of $1,514,000, total assets of $2,165,000, and total liabilities of $651,000. The company's acid-test (quick) ratio is closest to: Multiple Choice 2.17 1.79 O 2.75 1.96 O
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