Use the Following to Calculate the Acid-Test Ratio A) 073
B) 8

Use the following to calculate the acid-test ratio. (Round your answer to two decimal places.) $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 130,000 \\\hline \text { Short-term investments } & 15,000 \\\hline \text { Net current receivables } & 280,000 \\\hline \text { Inventory } & 280,000 \\\hline \text { Total current liabilities } & 790,000 \\\hline\end{array}$$

A) 0.73
B) 8.67
C) 0.89
D) 0.54