9 part 1

part 2

Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities $ 15,000 5,000 8,000 20,000 6,000 20,000 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. Current Ratio Denominator Numerator: Current Ratio Current ratio 1 to 1 CARTNER Acid Test Ratio Pritchett Company reported the following year-end data: Cash $ 15,000 Short-term investments 5,000 Accounts receivable (current) . Inventory 20.000 prepid (current) assets 5. Total current liabilities 20. Compute the current ratio and (acid-test ratio Complete this question by entering your answers in the tabs below. Current Ratio Acid Teet Ratio Compute the acid-test ratio. Asist. Numer Binator Acidbestrato O to 1 Carent Ratio