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The financial statements of Island Furniture Company include the following items: terc 2025 $45,500 28,000 95,000 163,000 529,000 307,000 60,000 Cash Short-term Investments Net Accounts

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The financial statements of Island Furniture Company include the following items: terc 2025 $45,500 28,000 95,000 163,000 529,000 307,000 60,000 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Total Current Liabilities Long-term Note Payable 2024 $41,000 15,500 99,000 146,000 547,000 294,000 54,000 erci: dan What is the 2025 acid - test ratio? (Round your answer to two decimal places.) O A. 0.24 OB. 0.55 OC. 1.08 OD. 1.82

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