8. The financial statements for Stephens' Electric Company include the following items (40 Points, 10 pts ea.) 2019 AED 52,000 21,500 24,000 81,000 529,000 46,500 21,000 63,000 125,500 30,000 2018 Cash AED 51,000 Cash Equivalents 12,000 35,000 70,000 550,000 42,000 19,000 52,000 116,000 29,000 Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable Income From Operations Interest Expense a. Compute the 2018 cash ratio. (Round to two decimal places.) b. Compute the 2018 Current Ratio. (Round to two decimal places.) Compute the 2018 Quick Ratio (Acid-Test) (Round to two decimal places.)