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At the end of the year, Vera Inc. has cash of $35,000, current accounts receivable of $55,000, merchandise inventory of $60,000, and prepaid expenses totaling

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At the end of the year, Vera Inc. has cash of $35,000, current accounts receivable of $55,000, merchandise inventory of $60,000, and prepaid expenses totaling $6,000. Liabilities of $60,000 must be paid next year and other liabilities of $50,000 over the course of 15 years. What is the acid-test (or quick) ratio? ONON Op 2.00 Ociso

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