n list on 1 tion 2 Seminole Corporation reported the following items at December 31, 2021, and 2020 (Click the icon to view the comparative financial information) Read the regiments Requirement 1. Compute the company's (e) quick (acid-test) ratio and (b) days' sales outstanding for 2021. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days stion 3 (e) Enter the formula and calculate the quick (acid-test) ratio for 2021. (Abbreviation used: Cash Cash Short-term investments Net cument receivables Cash and cash equivalents. Round your final answer to two decimal places) Total current liabilities Quick (acid-test) ratio ata table 95,000 118000 Year End 2021 Year End 2020 2021 2020 Current assets Current abilities Cash 1 16.000 $ 12,000 Accounts payable $ 15,000 $ 18.500 Marketable secures 22,000 11.000 Other cument tables Accounts receivable, net S7 000 71.000 Long lemb 103,000 20.000 105,000 21,000 192,000 1.000 Oher cument ses 4.000 Lang 4000 Modholder y 10,000 183.00 153.500 T 1 291.000 296.000 Toal shies and equity 291.000 296,000 Clear all Check