Please just write down the answer, No need for explanation, thanks

Lake Company reported the following amounts in their most recent financial statements: $ 1.500 $ 2.500 Accounts payable Accounts receivable Bank loan payable (due in five years) Cash $12,000 $ 3,000 $ 4,000 Inventory Notes payable (due within one year) Prepaid insurance $ 2.900 $ 500 Insurance expense $ 1.200 Wages payable $ 800 Quick Ratio = current assets - inventory-prepaid expenses current liabilities Required: What is the Quick Ratio? Select one: a 0.39 b. 1.06 OC. 0.32 O d. 1.29 Basic Earnings per Share disclosure is required under which accounting standard? Select one: a Canada Revenue Agency Standards b. Financial Accounting Criteria (Standards) OC Accounting Standards for Private Enterprises d. International Financial Reporting Standards