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This Question: 1 pt 36 of 44 This Test: 44 pts possible Phillips, Inc. had the following financial data for the year ended December 31,

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This Question: 1 pt 36 of 44 This Test: 44 pts possible Phillips, Inc. had the following financial data for the year ended December 31, 2025. Cash Cash equivalents Long term investments Total current liabilities $44,000 78,000 56,000 148,000 What is the cash ratio as of December 31, 2025, for Phillips, Inc.? (Round your answer to two decimal places.) O A. 0.3 OB. 0.82 OC. 0.48 OD. 0.38

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