$700 5,750 850 $1,490 Prepaid expenses Cash Accounts receivable 2,800 Accounts payable Inventory Other current 6,800 liabilities Use the above information on current assets and current liabilities to compute the acid-test ratic. Acid Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio $150,000 $550,000 $38, 700 $255,7e0 Sales Sales discounts Sales returns and allowances 20,00 Cost of goods sold 5,000 17,500 600 4,896 900 6,000 5,100 79,750 329,589 24,453 126,500 sales, gross profit, and the gross margin ratio for each separate case a through d (Round your gross margin ratio decimal place; i.e.; 0.2367 should be entered as 23.7%.) Net sales Gross proft Gross margin ratio