Merchandising Operations #5

a. Compute the acid-test ratio for each of the separate cases above. b. Which company is in the best position to meet short-term obligations? Complete this question by entering your answers in the tabs below. Compute the acid-test ratio for each of the separate cases above. Which company is in the best position to meet short-term obligations? Which company is in the best position to meet short-term obligations? DENOMINATOR OPTIONS - Accounts receivable, net - Average accounts receivable, net - Cost of goods sold - Current assets - Current liabilities - Inventory - Net sales - Quick assets NUMERATOR OPTIONS - Accounts receivable - Cash - Cost of goods sold - Current assets - Current liabilities - Current receivables - Inventory - Net sales - Quick assets - Short-term investments