The financial statements of Island Furniture Company include the following items: 2025 2024 Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets $44,500 29,000 94,000 162,000 526,000 302,000 54,000 $47,000 16,500 101,000 148,000 546,000 294,000 55,000 Total Current Liabilities Long-term Note Payable What is the 2025 acid - test ratio? (Round your answer to two decimal places.) O A. 1.8 OB. 1.09 O C. 0.24 OD. 0.55