Use the following information and calculate the quick ratio for Davis Company and for Bender Inc.
(a)Calculate the quick ratio for each company.
(b)Comment on which one is more able to meet current liabilities. 
Definitions:
Begging the Question
A logical fallacy where the conclusion of an argument is assumed in one of the premises, often leading to circular reasoning.
Red Herring
A distraction or misleading piece of information that diverts attention away from the main issue or argument.
Naturalistic Fallacy
A fallacy based on the assumption that what is natural is good.
Birth Control
Methods or devices used to prevent pregnancy as part of family planning.
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