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The top part of Great Plains Products Inc.'s 2018 balance sheet is listed as follows (in millions of dollars). Current assets: Current liabilities: Cash and
The top part of Great Plains Products Inc.'s 2018 balance sheet is listed as follows (in millions of dollars).
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Current assets: |
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| Current liabilities: |
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Cash and marketable securities | $ | 5 |
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| Accrued wages and taxes | $ | 6 |
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Accounts receivable |
| 15 |
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| Accounts payable |
| 10 |
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Inventory |
| 95 |
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| Notes payable |
| 50 |
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Total | $ | 115 |
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| Total | $ | 66 |
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What is Great Plains quick ratio for 2018?
Group of answer choices
0.303
1.74
1.52
3.33
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