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Stimac Corporation has total cash of $245,000, no marketable securities, total current receivables of $316,000, total inventory of $165,000, total prepaid expenses of $60,000, total

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Stimac Corporation has total cash of $245,000, no marketable securities, total current receivables of $316,000, total inventory of $165,000, total prepaid expenses of $60,000, total current assets of $786,000, total current liabilities of $282,000, total stockholders' equity of $1,714,000, total assets of $2,465,000, and total liabilities of $751,000. The company's acid-test (quick) ratio is closest to: 2 20 1-82 279 1.99

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