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Answer: 0.33
**Explanation:** The **quick ratio** (also known as the acid-test ratio) is calculated as: \[ \text{Quick Ratio} = \frac{\text{Cash and equivalents} + \text{Short-term marketable securities} + \text{Receivables}}{\text{Current liabilities}} \] Plugging in the numbers: \[ \text{Quick Ratio} = \frac{800 + 500 + 2,000}{10,000} = \frac{3,300}{10,000} = 0.33 \] - **Option A (0.13)** is incorrect because it represents the **cash ratio**, which only includes cash and short-term marketable securities. - **Option C (0.00)** is incorrect as it does not align with any standard liquidity ratio calculation. The correct answer is **B (0.33)**, as it accurately reflects the quick ratio.
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An analyst gathers the following information (in thousands) about a company's current assets and liabilities:
The company's quick ratio is:
A
0.13
B
0.33
C
0.00