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Super Banners reported the following figures in its financial statements: Cash EA 29,000 Cash Equivalents 71,750 Total Current Liabilities 65,000 Compute the cash ratio for

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Super Banners reported the following figures in its financial statements: Cash EA 29,000 Cash Equivalents 71,750 Total Current Liabilities 65,000 Compute the cash ratio for Super Banners. Determine the formula, then calculate the cash ratio. (Enter the cash ratio to two decimal places, X.XX.) Cash Cash Equivalents + Total Current Liabilities Cash ratio +

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