(a) Compute Silver's acid-test ratio (Round your final answer to two decimal places. Abbreviation used: Avg. = Average; Invest. Investment Liab, Cash Net Current Receiv. Short-turm Invest. > Total Current Liab Acid-test ratio 573,720 $ 11.000 + $ 148,000 >$ 516,000 1.42 Silver's position is strong, (b) Compute Silver's accounts receivable turnover ratio. (Round your final answer to two decimal places.) = Accounts receivable turnover ratio ned hellowing leder 0 2016-2017-mused Et Carice, d'en in receivable to year 2018 horongoweak Biber 30. und das awit Come with you to two window.humente Merchandweer Twe. Shot One Ano 000 616.000 14 two decimal places. Abbreviation used: Avg. = Average; Invest. = Investment; Liab. = Liabilities: Merch. = Merchandise; Receiv. = F hort-term Total Current liab 148,0 * Data Table - X d your final Accounts Payable $ Cash $ Merchandise Inventory: April 30, 2018 April 30, 2017 Net Credit Sales Revenue Long-term Assets Long-term Liabilities 328,000 Accounts Receivable, net: 573,720 April 30, 2018 April 30, 2017 250,000 Cost of Goods Sold 210,000 Short-term Investments 3,212,000 Other Current Assets 350,000 Other Current Liabilities 130,000 11,000 165,000 1,200,000 148,000 100,000 188,000 Print Done