2013 2012 $ $ 4,000 20,000 10,000 9,000 $ 63,000 6,000 $ 76,000 5,000 Current assets: Cash.. Short-term investments Accounts receivable Less: Allowance for uncollectibles Inventory Prepaid insurance Total current assets Total current liabilities Net sales (all on account) 57,000 195,000 4,000 $ 280,000 $ 104,000 $ 732,000 71,000 191,000 4,000 $ 285,000 $ 106,000 $ 735,000 Requirements 1. Calculate the company's acid-test ratio for 2013 and 2012. 2. Calculate the Accounts Receivable Turnover Ratio and days' sales in receivables for 2013