The financial statements for Silver Service Company include the following items: 2019 2018 Cash $46,500 $43,000 Short-term Investments 26,000 14,500 Net Accounts Receivable 62,000 55,000 Merchandise Inventory 131,000 49,000 Total Assets 530,000 546,000 Accounts Payable 131,500 129,000 Salaries Payable 25,000 14,000 Long-term Note Payable 61,000 54,000 Compute the acid - test ratio for 2018. (Round your answer to two decimal places)