Indicate the answer choice that best completes the statement or answers the question 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 $30,000 35,000 7,000 25,000 40,000 72,000 100,000 75,000 36,000 20,000 400,000 2,000 1. Based on the above data, what is the amount of quick assets? a. $168,000 b. $96,000 c. S60,000 d. $61,000 2. The current ratio is a. used to evaluate a company's liquidity and short-term debt paying ability b. a solvency measure that indicates the margin of safety of a bondholder c. calculated by dividing current liabilities by current assets d. calculated by subtracting current liabilities from current assets 3. The percent of fixed assets to total assets is an example of a. vertical analysiS b. solvency analysis c. profitability analysis d. horizontal analysis