Nickolls Corporation has provided the following financial data: The company's acid-test (quick) ratio is closest to:

A) 2.58
B) 2.50
C) 3.21
D) 3.62

Acid-Test Ratio

A financial metric that measures a company’s ability to pay off its current liabilities with its quick assets (cash, marketable securities, and receivables).

Financial Data

Quantitative information about an entity's financial performance, including balance sheets, income statements, and cash flow statements.