The financial statements of Harbor Furniture Company include the following items: 2017 2016 2 . Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Total Current Liabilities Long-term Note Payable $43,500 27.000 93.000 162,000 533,000 304,000 62,000 $42,000 12,500 100.000 149,000 547,000 293,000 59.000 What is 2017 acid-test ratio? (Round your answer to two decimal places.) 1.86 0.54 1.07 0.23