The financial statements of Harbor Furniture Company include the following items: 2017 2016 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Total Current Liabilities Long-term Note Payable $46,500 31,000 102,000 160,000 526,000 307,000 64,000 $45,000 11,500 96,000 146,000 552,000 289,000 51,000 What is 2017 acid-test ratio? (Round your answer to two decimal places.) O A. 1.11 B. 1.71 OC. 0.58 OD. 0.25