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You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent. Cash $ 124 Net fixed assets 2,498 Accrued expenses

You have obtained the following information for Blue Bell Farms. The tax rate is 34 percent.

Cash $ 124
Net fixed assets 2,498
Accrued expenses 135
Inventory 1,027
Long-term debt 1,876
Sales 3,850
Costs 2,220
Accounts payable 486
Depreciation 321
Interest paid 136
Accounts receivable 518
Dividends paid 281

What is the quick ratio?

Multiple Choice

1.03 times

.96 times

.82 times

1.08 times

1.26 times

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