What is the acid-test ratio?

Assets: Cash and marketable securities Accounts receivable Inventories Prepaid expenses Total current assets Fixed assets $600.000 900.000 1,500,000 75,000 $3,075,000 ho Less: accum. depr. 8,000,000 (2,075,000) Net fixed assets Total assets $5.925 000 $9,000,000 $800,000 700.000 Liabilities: Accounts payable Notes payable Accrued taxes Total current liabilities Long-term debt Owner's equity (1 million shares of common stock outstanding) Total liabilities and owner's equity 50.000 $1,550,000 2,500,000 4,950,000 $9,000,000 O A. 0.98 B. 1.67 O C. 1.02. OD. 1.71