What is the quick ratio (aka the acid test)?

Intro Use the following information to answer the questions: Assets Cash 11,000 2,000 6,000 Marketable securities Accounts receivable Inventory Current assets Machines Real estate 25,000 44,000 34,000 80,000 114,000 Liabilities and Equity Accounts payable 20,000 Notes payable 6,000 Current liabilities 26,000 Long-term debt 95,000 Total liabilities 121,000 Paid-in capital 20,000 Retained earnings 17,000 Equity 37,000 Total liab. & equity 158,000 Fixed assets Total assets 158,000 Attempt 1/5 for 2 pts. Part 1 What is the quick ratio (aka the acid test)? 2+ decimals Submit