A Company Has $50,000 in Cash,$15,000 in Accounts Receivable,$25,000 in Temporary

Multiple Choice

A company has $50,000 in cash,$15,000 in accounts receivable,$25,000 in temporary investments and $125,000 in merchandise inventory.The company has $50,000 in current liabilities.The company's acid test (quick) ratio is:

A) 1) 30.
B) 0) 526.
C) 4) 30.
D) 1) 80.