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Dennisport Corporation has an acid-test ratio of 1.8. It has current Habilitles of $42,000 and noncurrent assets of $72,000. The corporation's current assets consist of

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Dennisport Corporation has an acid-test ratio of 1.8. It has current Habilitles of $42,000 and noncurrent assets of $72,000. The corporation's current assets consist of cash, marketable securities, accounts recelvable, prepeld expenses, and Inventory. If Dennisport's current ratio is 3.0, Its Inventory and prepaid expenses must be: Multiple Choice $74,000 $50,400 $90,000 $54,000

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