What does it mean when Megah company quick ratio is 1.97 times? A.For every ringgit of current liability, the company has RM1.97 in cash and assets that can be easily converted into cash to pay its short-term debt immediately B.For every ringgit of current asset, the company has RM1.97 in cash and assets that can be easily converted into cash to pay its short-term and long-term debt immediately C.For every ringgit of long-term liability, the company has RM1.97 in cash and assets that can be easily converted into cash to pay its long-term debt immediately