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At year-end, Stick, has cash of $15,000, current accounts receivable of $30,000, merchandise inventory of $40, 200, and prepaid expenses totaling $4, 300. Liabilities of

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At year-end, Stick, has cash of $15,000, current accounts receivable of $30,000, merchandise inventory of $40, 200, and prepaid expenses totaling $4, 300. Liabilities of $60,000 must be paid next year. What is Stick's acid-test ratio? () 0.25 1.42 0.75 Cannot be determined from the data given

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