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16. The Stacy Sun & Shade Company had the following financial data at December 31, 2018: Cash and cash equivalents Total current liabilities $ 63,750

16. The Stacy Sun & Shade Company had the following financial data at December 31, 2018: Cash and cash equivalents Total current liabilities $ 63,750 85,000 What is the cash ratio as of December 31, 2018, for Stacy Sun & Shade? Determine the formula, then calculate the cash ratio. (Enter the cash ratio to two decimal places, X.XX.) - Cash ratio Choose from any list or enter any number in the input fields and then continue to the next question. # Type here to search e A G 11:04 AM 11/24/2019

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