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Stimac Corporation has total cash of $260,000, no marketable securities, total current receivables of $331,000, total inventory of $171,000, total prepaid expenses of $63,000, total
Stimac Corporation has total cash of $260,000, no marketable securities, total current receivables of $331,000, total inventory of $171,000, total prepaid expenses of $63,000, total current assets of $825,000, total current liabilities of $291,000, total stockholders' equity of $2,014,000, total assets of $2,915,000, and total liabilities of $901,000. The company's acid-test (quick) ratio is closest to:
A. 2.25
B. 1.85
C. 2.84
D. 2.03
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