Saxe Banners reported the following figures in its financial statements: Cash 29,000 29,500 Cash Equivalents Total Current Liabilities 45,000 Compute the cash ratio for Saxe Banners. - Determine the formula, then calculate the cash ratio. (Enter the cash ratio to two decimal places, X.XX.) + ) Cash ratio + ) ar lon to Choose from any list or enter any number in the input fields and then continue to the next