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Cash Accounts receivable Inventory $1,490 2,800 6,000 Prepaid expenses Accounts payable Other current liabilities 700 5,750 850 Use the above information on current assets and

Cash Accounts receivable Inventory $1,490 2,800 6,000 Prepaid expenses Accounts payable Other current liabilities 700 5,750 850 Use the above information on current assets and current liabilities to compute the acid-test ratio. Choose Numerator: Acid-Test Ratio Choose Denominator: Acid-Test Ratio Acid-test ratio to 1 1

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