A Company Has $28,000 in Cash and Cash Equivalents,$88,000 in Short-Term

A company has $28,000 in cash and cash equivalents,$88,000 in short-term investments,$122,000 in net current receivables,$64,000 in inventory,$14,000 of prepaid insurance and $11,000 of supplies.The total current liabilities of the firm are $304,000.The quick ratio of the company is: (Round your final answer to two decimal places. )

A) 0.38.
B) 0.78.
C) 0.99.
D) 1.08.