ommand alt command option Problem #2 5 points Phillips Company had the following financial data for the year ended 12/31/ 2019. Cash Cash equivalents Long term investments Total current liabilities What is the cash ratio as of December 31, 2019, for Phillips Company? (Round your answer to two decimal places.) A) 0.28 B) 0.37 C) 0.45 D) 0.82 $42,000 80,000 55,000 148,000 mal and 2019 ale of Creit