9 Based on the following data, what is the quick ratio, rounded to one decimal place? Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses $32,000 64.000 7,000 20,000 40,000 72.000 100,000 75,000 35,000 25,000 625,000 2.000 Calculate the Quick Assets Calculate the Quick (Acid Test) Ratio 10 Condensed data taken from the ledger of Crawford Company at December 31, 2017 and 2016, are as follows: Prepare a comparative balance sheet for the assets with horizontal analysis, for December 31, 2017 and 2016. Change %chg +) Current assets Property, plant, and equipment Intangible assets Total Assets 2017 200,000 450,000 20,700 2016 180.000 400,000 30.00 Current liabilities Long-term liabilities Common stock Retained earnings Total Liabilites and Stockholder Equity 70,000 200,000 275.000 125,700 80,000 250,000 200,000 80.000