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What is the quick ratio for the year ending 10/31/2010? Use total net receivables. Also pay attention to the dates in the question. 0.870 0.638

What is the quick ratio for the year ending 10/31/2010? Use total net receivables. Also pay attention to the dates in the question.

0.870
0.638
0.592
1.046

None of the above.

Toro Co. (The) (NYS: TTC)
Exchange rate used is that of the Year End reported date
As Reported Annual Balance Sheet
Report Date 10/31/2010
Currency USD
Audit Status Not Qualified
Consolidated Yes
Scale Thousands
Cash & cash equivalents 177,366
Customer receivables, gross 132,182
Less: allowance for doubtful accounts 3,828
Customers receivables, net 128,354
Other receivables, net 14,547
Total receivables, net 142,901
Inventories, net 194,402
Prepaid expenses & other current assets 10,766
Deferred income taxes 59,538
Total current assets 584,973
Land & land improvements 24,667
Buildings & leasehold improvements 115,480
Machinery & equipment 396,228
Computer hardware & software 57,695
Property, plant & equipment, gross 594,070
Less: accumulated depreciation 420,663
Property, plant & equipment, net 173,407
Deferred income taxes 842
Other assets 17,038
Goodwill 86,400
Other intangible assets, net 22,962
Total assets 885,622
Current portion of long-term debt 1,970
Short-term debt 1,034
Accounts payable 125,138
Other accrued liabilities 48,902
Total current liabilities 368,283
Debentures 100,000
Senior notes 123,358
Senior unsecured debt -
Other long-term debt 2,190
Total long-term debt 225,548
Less current portion 1,970
Long-term debt, less current portion 223,578
Deferred revenue 10,944
Long-term deferred income taxes -
Other long-term liabilities 7,007
Deferred revenue & other long-term liabilities -
Common stock 31,395
Retained earnings (accumulated deficit) 253,477
Accumulated comprehensive income (loss) (9,062)
Total stockholders' equity (deficit) 275,810

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