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Question 3 Not yet answered Marked out of 2 P Flag question At December 31...

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Accounting

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Question 3 Not yet answered Marked out of 2 P Flag question At December 31 a company's records show the following information: Cash Accounts Receivable Inventory Prepaid Insurance Long-term Assets Accounts Payable Notes Payable due in 10 months Wages Payable Long-term Liabilities Stockholders' (Owner's) Equity $ 10,000 30,000 80,000 6,000 200,000 30,000 25,000 5,000 70,000 196,000 The company's quick ratio is Select one: O a 1.0:1 O b. 0.7:1 O c. 2.0:1 O d. None of the above

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