Question 27 (3 points) If the opening current assets for Secuban, Inc., for the year 2016 was $200,000 and the closing current assets were $300,000, calculate the quick ratio given that the opening inventories are $80,000 and closing inventories are $100,000. Assume that the average current liabilities were 150,000 dollars for the year. 2.21 1.067 1.57 The answer cannot be calculated from the information given