The Financial Statements for Silver Service Company Include the Following

The financial statements for Silver Service Company include the following items: $$\begin{array} { | l | r | r | } \hline &{ 2019 } & { 2018 } \\\hline \text { Cash } & \$ 49,500 & \$ 40,000 \\\hline \text { Short-term Investments } & 33,000 & 20,500 \\\hline \text { Net Accounts Receivable } & 52,000 & 53,000 \\\hline \text { Merchandise Inventory } & 132,000 & 45,000 \\\hline \text { Total Assets } & 530,000 & 547,000 \\\hline \text { Accounts Payable } & 131,500 & 122,000 \\\hline \text { Salaries Payable } & 15,000 & 18,000 \\\hline \text { Long-term Note Payable } & 58,000 & 57,000 \\\hline\end{array}$$ Compute the acid-test ratio for 2018.(Round your answer to two decimal places)

A) 0.92
B) 0.81
C) 0.93
D) 0.66