Fingertips,Inc What Is the Cash Ratio as of December 31,2017,for Fingertips,Inc

Fingertips,Inc.had the following financial data for the year ended December 31,2017. $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 44,000 \\\hline \text { Cash equivalents } & 77,000 \\\hline \text { Long term investments } & 58,000 \\\hline \text { Total current liabilities } & 149,000 \\\hline\end{array}$$ What is the cash ratio as of December 31,2017,for Fingertips,Inc.? (Round your answer to two decimals. )

A) 0.30
B) 0.39
C) 0.48
D) 0.81