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K The financial statements for Silver Service Company include the following items: 2025 2024 Cash $45,500 $44,000 Short-term Investments 30,000 20,500 Net Accounts Receivable 55,000
K The financial statements for Silver Service Company include the following items: 2025 2024 Cash $45,500 $44,000 Short-term Investments 30,000 20,500 Net Accounts Receivable 55,000 52,000 Merchandise Inventory 126,000 43,000 Total Assets 532,000 550,000 Accounts Payable 133,500 126,000 Salaries Payable 20,000 20,000 Long-term Note Payable 55,000 52,000 Compute the acid-test ratio for 2024. (Round your answer to two decimal places) OA. 0.66 OB. 0.85 OC. 0.92 OD. 0.8
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