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At year-end, Slippery, Inc. has cash of $14,000, current accounts receivable of $70,000, merchandise inventory of $42,600, and prepaid expenses totaling $5,700. Liabilities of $20,000

At year-end, Slippery, Inc. has cash of $14,000, current accounts receivable of $70,000, merchandise inventory of $42,600, and prepaid expenses totaling $5,700. Liabilities of $20,000 must be paid next year. What is Slippery's acid-test ratio? (Round your answer to two decimal places.) A. 6.33 OB. 0.70 OC. 4.20 OD. Cannot be determined from the data given
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At yearend, Slippery, inc. has cash of 514,000 , cument accounts rucewrabie of 570,000 merchandi se imventory at 442,600 , and prepsrd expenset A 6.33 B. 0.70 c. 420 D. Cannot bo dodeim ned from the data given

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