Use the following data to answer Question 22 & 23 Accounts payable $30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 20,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of quick assets? a. $163,000 b. $195,000 c. $121,000 d. $56,000 Based on the above data, what is the amount of working capital? a. $238,000 b. $138,000 c. $178,000 d. $64,000 A company's sales in 2013 were $250,000 and in 2014 were $287, 500. Using 2013 as the base year, the sales trend percent for 2014 is: a. 87% b. 100% c. 115% d. 15% The ratio computed by dividing quick assets by current liabilities is: a. current ratio b. earnings ratio e. acid-test ratio d. working capital ratio An attitude of constantly seeking ways to improve company operations, including customer service, producer quality, product features, the production process, and employee interactions, is called: a. Continuous improvement b. Customer orientation c. Just-in-time d. Theory of constraints