The financial statements of Denison Furniture Company include the following items: 2019 2018 $53,500 $53,000 Cash 29,000 15,000 Short-term Investments Net Accounts Receivable 92,000 105,000 Merchandise Inventory 142,000 162,000 Total Assets 532,000 551,000 Total Current Liabilities 235,000 215,000 Long-term Note Payable 62,000 60,000 What is the 2019 cash ratio? (Round your answer to two decimal places) A. 0.18 . 0.35 . .23 D. 0.10