Cash Accounts receivable Inventory $1,360 Prepaid expenses 3,200 Accounts payable 5,400 Other current liabilities $ 500 4,900 800 D Use the above information on current assets and current liabilities to compute the acid-test ratio. Choose Numerator: Quick assets Acid-Test Ratio Choose Denominator: Current assets 1 Acid-Test Ratio Acid-test ratio 0 to 1 1 !1 If you come in contact with sulfuric acid, the first thing you should do is A) immediatery push with water for a minimum of 15 minutes B) wrap exposedurea in gaze and contact physician Ciputaking soda on the exposed area D) medisy proceed to the emergency room of the nearest hospital