Midsomer Corp

Multiple Choice

Midsomer Corp. reported current assets of $390,900 and current liabilities of $337,000 on its most recent balance sheet. The current assets consisted of $52,000 Cash; $63,000 Accounts Receivable; $87,000 Short-term Investments; $9,900 Prepaid Expenses and $179,000 of Inventory. The company's quick assets equal:

A) $115,000.
B) $124,900.
C) $139,000.
D) $202,000.
E) $211,900.