Privett Company Line Item Description Amount Accounts payable $35,877 Accounts receivable 64,837 Accrued liabilities 6,991 Cash 19,341 Intangible assets 37,281 Inventory 73,443 Long-term investments 100,874 Long-term liabilities 78,457 Marketable securities 32,285 Notes payable (short-term) 23,546 Prepaid expenses 1,259 Property, plant, and equipment 657,685 Based on the data for Privett Company, what is the amount of working capital?

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A: Quick ratio = (Current Assets - Inventory)/Current liabilities

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A:

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