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5 Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets eBook Total current liabilities Piet Mc
5 Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets eBook Total current liabilities Piet Mc $15,000 50,000 $11,400 $30,000 $15,000 $30,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Choose Numerator Current assets Current Ratio Choose Denominator: Current liabilities 4 => Current Ratio Current ratio 010-1 Acid Test Ratio > 520 Next> nep Save & Exit Submit
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