aas Company reported the following selected items at April 30, 2018 (last year's-2017- amounts also given as needed): (Click the icon to view the selected items.) 14. Compute Lovett's (a) acid-test ratio. (b) accounts receivable turnover ratio, and (c) days' sales in receivables as of April 30, 2018. (a) Determine the formula, then compute the acid-test ratio. (Abbreviations used: Cash = Cash including cash equivalents: ST invest = short-term investments. Enter the acid-test ratio to twe decimals, X.XX.) Acid-test ratio Data Table - X S 135.000 Accounts Receivable net: 105.000 Apr 30, 2018 April 30, 2017 Accounts Payable Cash Merchandise Inventory April 30, 2018 April 30, 2017 Net Oredt Sales Revenue Long-term Assets Long-term Liabilities 113,000 Cost of Goods Sold 84.000 Short-term investments 1226,000 Other Current Assets 158.000 Cther Current abilities 53,000 $ 145,000 51,000 540,000 12.570 55.000 82.000 Choose from any list or enter an Pnot Done