Use the following information and calculate the quick ratio for Davis Company and for Bender Inc. Account Cash Cash equivalents Current notes receivable Accounts receivable Prepaid expenses Inventory Fixed assets Accumulated depreciation-Fixed assets Accounts payable Current accrued liabilities Mortgage payable Capital Total Davis Co. Dr. $321 88 56 603 55 714 920 $2,757 Davis Co. Quick ratio: Bender Inc. Quick ratio: b. Which one is more able to meet current liabilities? would be more liquid. Cr. $415 260 213 917 952 $2,757 Bender Inc. Dr. $425 95 46 307 85 898 755 $2,611 Cr. $225 198 149 824 1,215 $2,611 a. Calculate the quick ratio for each company. Round your answers to two decimal places.

Use the folowing informution and calculate the quick ratio for Davis Company and for Bender tnc. a. Calculate the quick ratip for each company. Round your answers to two decimal places. b. Which one is more able to meet current liabilities? would be more Nquid