Question Help At year-end, Simple, Inc. has cash of $14.000, current accounts receivable of $70,000, merchandise inventory of $42.600, and prepaid expenses totaling $5,100. Liabilities of $20,000 must be paid next year. What is Simple's acid-test ratio? (Round your answer to two decimal places) lep OA. 0.70 OB. 633 OC. 4.20 OD. Cannot be determined from the data given