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I need help answering this question in 20 minutes please Proctoring Enabled: 2140 EXAM 3 i Saved 8 Pritchett Company reported the following year-end data:
I need help answering this question in 20 minutes please
Proctoring Enabled: 2140 EXAM 3 i Saved 8 Pritchett Company reported the following year-end data: Cash $ 15, 200 Short- term investments 4, 100 Accounts receivable (current) 7, 100 Inventory 22, 400 Prepaid (current) assets 6, 200 01:41:14 Total current liabilities 22, 000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Current Ratio Numerator: Denominator: = Current Ratio Current ratio to 1 Acid Test Ratio >8 Pritchett Company reported the following year-end data: Cash $ 15, 200 Short - term investments 4, 100 Accounts receivable (current) 7 , 100 Inventory 22, 400 01:41:05 Prepaid (current ) assets 6, 200 Total current liabilities OOO 'ZZ Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the acid-test ratio. Acid-Test Ratio Numerator: 1 Denominator: = Acid-Test Ratio + Acid-test ratio to 1 Graw HillStep by Step Solution
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