A Company Has the Following Account Balances A) 93
B) 1

A company has the following account balances.What is the acid-test ratio? (Please round to two decimal places.) $\begin{array}{|l|r|}\hline\text { Cash } & \$ 50,000 \\\hline \text { Short-terminvestments } & 85,000 \\\hline \text { Net current receivables } & 120,000 \\\hline \text { Inventory } & 145,000 \\\hline \text { Total current liabilities } & 275,000 \\\hline\end{array}$

A) .93
B) 1.45
C) .64
D) 1.76