From the Following Details, Calculate the Acid-Test Ratio A) 091
B) 0

From the following details, calculate the acid-test ratio. (Round to two decimal places.) $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 120,000 \\\hline \text { Short-term investments } & 150,000 \\\hline \text { Net current receivables } & 280,000 \\\hline \text { Inventory } & 290,000 \\\hline \text { Total current liabilities } & 790,000 \\\hline\end{array}$$

A) 0.91
B) 0.94
C) 1.06
D) 0.70