In the Current Economic Climate, Banks Are Remaining Very Conservative

In the current economic climate, banks are remaining very conservative in their lending practices. Peak Performance Sporting Goods is seeking a loan for expansion. As a loan officer for the local bank, you calculate the acid-test ratio for Peak Performance Sporting Goods. Using the information below, you determine Peak Performance's acid-test ratio = .

A) 1.0
B) 1.5
C) 2.5
D) 3.0