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ASSETS Liabilities and Equity Cash $ 10,000,000 Accounts Payable $25,000,000 Marketable Securities 40,000,000 Accounts receivable,...

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Finance

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ASSETS Liabilities and Equity Cash $ 10,000,000 Accounts Payable $25,000,000 Marketable Securities 40,000,000 Accounts receivable, net Inventory Total current assets & Equipment (net fixed assets) Notes Payable & Short 15,000,000 Term Debt 30,000,000 Total current liabilities 35,000,000 Long term debt 90,000,000 Common Stock 65,000,000 150,000,000 1,000,000 187,000,000 Cash in Excess of Par 40,000,000 Retained Earnings 21,000,000 Total assets Total Liabilities and $277,000,000 Equity $277,000,000 What is the firm's quick ratio for 2021? What is the firm's quick ratio for 2021? Select one: O a. 0.92 b. 1.67 O c. 1.35 O d. 0.85 O e. 1.38

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