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Accounts payable $40,000 Accounts receivable 65,000 Accrued liabilities 7,000 ...

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Accounting

Accounts payable $40,000
Accounts receivable 65,000
Accrued liabilities 7,000
Cash 30,000
Intangible assets 40,000
Inventory 72,000
Long-term investments 110,000
Long-term liabilities 75,000
Marketable securities 36,000
Notes payable (short-term) 30,000
Property, plant, and equipment 625,000
Prepaid expenses 2,000

What is the quick ratio, rounded to one decimal point?

a.2.7

b.2.6

c.0.9

d.1.7

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