The financial statements of Island Furniture Company include the following items: Cash 2025 $42,500 2024 $47,000 Short-term Investments 33,000 16,500 Net Accounts Receivable 96,000 98,000 Merchandise Inventory 159,000 149,000 Total Assets 527,000 547,000 Total Current Liabilities 308,000 293,000 Long-term Note Payable 64,000 53,000 What is the 2025 acid-test ratio? (Round your answer to two decimal places.) OA. 0.56 OB. 0.25 OC. 1.8 OD. 1.07 Next