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Cash Accounts receivable Inventory $1,280 Prepaid expenses 2,295 Accounts payable 4,100 Other current liabilities $ 600 5,700 800 Use the above information on current assets

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Cash Accounts receivable Inventory $1,280 Prepaid expenses 2,295 Accounts payable 4,100 Other current liabilities $ 600 5,700 800 Use the above information on current assets and current liabilities to compute the acid- test ratio. Acid-Test Ratio Choose Denominator: Choose Numerator: Cash 1 Acid-Test Ratio Acid-test ratio 0 to 1 /

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