Question: Based on the following data, what is the quick ratio, rounded to one decimal point? $ 30,000 Accounts payable Accounts receivable 60,000 Accrued liabilities 5,000

Based on the following data, what is the quick ratio, rounded to one decimal point? $ 30,000 Accounts payable Accounts receivable 60,000 Accrued liabilities 5,000 Cash 30,000 50,000 69,000 Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities 80,000 100,000 30,000 Fixed assets 670,000 Prepaid expenses 1,000 a. 1.8 b.3.4 c.2.2 d. 3.0

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