Using the following year$-$end information for WorkFit calculate the quick ratio:CashShort$-$term investmentsAccounts receivable $($all current$)$InventorySuppliesAccounts payableWages payable$ $54,82012,00054,000230,0006,160106,00031,300$Up Do upHelpMultiple Choice$0\mathrm{.}580\mathrm{.}380\mathrm{.}470\mathrm{.}88$