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Cash Accounts receivable Inventory $1,330 3,428 5,300 Prepaid expenses Accounts payable Other current liabilities $ 500 5, 200 900 Use the above information on current
Cash Accounts receivable Inventory $1,330 3,428 5,300 Prepaid expenses Accounts payable Other current liabilities $ 500 5, 200 900 Use the above information on current assets and current liabilities to compute the acid-test ratio. Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio / to 1
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