The December 31 balance sheet of Occidental Company includes the following information:

Cash	$60,000
Short-term investments	30,000
Accounts Receivable	170,000
Inventory	180,000
Prepaid Expenses	40,000
Current Liabilities	200,000
Total Liabilities	600,000

What is Occidentals quick ratio at December 31?

Select one:

a. 0.8

b. 2.4

c. 1.3

d. 1.5

e. None of the above