You may need a calculator to answer this question. Consider the following information for a business:

Current assets
Bank	60,000
Accounts receivable	15,000
Inventory	30,000
Petty cash	1,000
Non-current assets
Property, plant, and equipment	120,000
Current liabilities
Accounts payable	18,000
Short-term loan	5,000
Non-current liabilities
Mortgage	800,000

What is the quick ratio of the business?

Select one:

a. 4.6

b. 0.63

c. 3.3

d. 0.15