TB MC Qu. 15-137 Mayfield Corporation has ... Mayfield Corporation has provided the following financial data: Balance Sheet Assets Current assets: Cash accounts receivable, net Inventory Prepaid expenses Total current assets Plant and equipment, net Total assets $ 228,000 241,000 204,000 11,000 684,000 670,000 $1,354,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock, $4 par value Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities & stockholders' equity $ 162,000 53,000 46,000 261,000 102,000 363,000 362,000 81,000 548,000 991,000 $1,354,000 The company's acid-test (quick) ratio is closest to: Multiple Choice 1.89 184 1.80 2.62