A certain company has an acid test ratio of 0.97. This implies which of the following. O Current liabilities are less than the quick assets of the company. O Current liabilities are greater than the quick assets of the company. Current liabilities are greater than the current tasets of the company. Current liabilities are less than the current assets of the company. Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnover (5) days' sales in inventory. (6) debt to equity ratio, (7) times interest earned. (8) profit margin ratio. (9) total asset turnover (10) retum on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 202.20:50 Reg 1 and 2 Reg 3 Req8 Rea9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. 13 Choose Numerator: Choose Denom 2017: A certain company has an acid test ratio of 0.97. This implies which of the following. O Current liabilities are less than the quick assets of the company. O Current liabilities are greater than the quick assets of the company. Current liabilities are greater than the current tasets of the company. Current liabilities are less than the current assets of the company. Required: Compute the following: (1) current ratio. (2) acid-test ratio. (3) days' sales uncollected, (4) inventory turnover (5) days' sales in inventory. (6) debt to equity ratio, (7) times interest earned. (8) profit margin ratio. (9) total asset turnover (10) retum on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. 202.20:50 Reg 1 and 2 Reg 3 Req8 Rea9 Reg 10 Reg 11 Compute the current ratio and acid-test ratio. 13 Choose Numerator: Choose Denom 2017