2019 2018 Cash $57,000 $51,000 Cash Equivalents 27,500 20,000 Net Accounts Receivable 28,000 27,000 Merchandise Inventory 84,000 67,000 Total Assets 526,000 550,000 Accounts Payable 44,500 41,000 Salaries Payable 17,000 16,000 Long-term Note Payable 61,000 53,000 Income From Operations 126,500 113,000 Interest Expense 29,000 24,000 Compute the 2018 cash ratio. (Round your answer to two decimal places.) O A. 1.25 B. 1.73 C. 1.37 OD. 0.65