Question: Total Current Asset is $85,000, Current Liability $30,000, inventory is $22,000, and prepaid expenses 3,000, which of the following is correct? a. Quick Asset is

Total Current Asset is $85,000, Current Liability $30,000, inventory is $22,000, and prepaid expenses 3,000, which of the following is correct? a. Quick Asset is 101,000 and Liquid ratio is 3.36:1 b. Quick Asset is 98,000 and Liquid ratio is 2.83:1 Quick Asset is 60,000 and Liquid ratio is 1:2. d. Quick Asset is 60,000 and Liquid ratio is 2:1

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