Presented below is information related to Bonita Industries. Current Assets Cash $ 16000 Short-term 75000 investments Accounts receivable 58000 Inventories 118000 Prepaid expenses 33000 Total current assets $300000 Total current liabilities are $97000. What is the acid-test ratio? O 3.1 to 1. O 1.5 to 1. O 2.8 to 1. O 0.9 to 1