$ 600 The following information on current assets and current liabilities is for Belkin Company Cash $ 1,370 Prepaid expenses Accounts receivable 2,107 Accounts payable Inventory 4,400 Other current liabilities a. Compute Belkin's acid-test ratio. b. If its competitor, Logit has an acid test ratio of 12 which company is better able to pay for current Habilities with its quick assets? 900 Complete this question by entering your answers in the tabs below. Required A Required B Compute Belkin's acid-test ratio. Belkin' acid-test ratio Choose Numerator: Choose Denominator: 1 Acid-Test Ratio Acid-test ratio to 1 1 . Required B Cash $ 600 The following information on current assets and current liabilities is for Belkin Company $ 1,370 Prepaid expenses Accounts receivable 2,107 Accounts payable 4,800 Inventory 4,400 Other current liabilities a. Compute Belkin's acid-test ratio. b. If its competitor, Logit, has an acid-test ratio of 1.2, which company is better able to pay for current liabilities with its quick assets? 900 Complete this question by entering your answers in the tabs below. Required A Required B If its competitor, Logit, has an acid-test ratio of 1.2, which company is better able to pay for current liabilities with its quick assets? Which company is better able to pay for current liabilities with its quick assets?