Use the following information and calculate the quick ratio for Davis Company and for Bender Inc. (a) Calcul ate the quick ratio for each company. Round ratios to two decimal places.
(b) Comment on which one is more able to meet current liabilities. 
Definitions:
Capital at Risk
The amount of capital that could be lost in an investment due to various risks.
Insurance Company
An organization that provides financial protection and compensation for specified losses in return for payment of a premium.
Probability
The chance or odds of a specific event taking place.
Premiums
The amount paid for an insurance policy.
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