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Cash Accounts receivable Inventory $1,390 2,956 5,500 Prepaid expenses Accounts payable Other current liabilities $ 500 4,600 700 Use the above information on current assets

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Cash Accounts receivable Inventory $1,390 2,956 5,500 Prepaid expenses Accounts payable Other current liabilities $ 500 4,600 700 Use the above information on current assets and current liabilities to compute the acid-test ratio. Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Tost Ratio Acid-test ratio to 1

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