Given the Following Information What Is the Quick Ratio?
A)0

Given the following information: $\begin{array}{lr}\text { Inventory } & \$ 500 \\\text { Short-term marketable securities } & 100 \\\text { Cash } & 200 \\\text { Prepaid insurance } & 300 \\\text { Accounts receivable } & 400 \\\text { Currentliabilities } & 400\end{array}$ What is the quick ratio?

A) 0.75 times
B) 1.75 times
C) 2.5 times
D) 3.75 times

Correct Answer:

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