2301

m AA ezto.mheducation.com Cash $1, 420 Prepaid expenses $ 500 Accounts receivable 2, 696 Accounts payable 4, 300 Inventory 5,600 Other current liabilities 600 Use the above information on current assets and current liabilities to compute the acid-test ratio. Acid-Test Ratio Choose Numerator: Choose Denominator: = Acid-Test Ratio Acid-test ratio = to 1 Accounts payable Accounts receivable