Northrend Clothiers reported the following selected items at April 30, 2024 (last year's2023amounts also given as needed): (Click the icon to view the financial data.) Compute Northrend's (a) acid-test ratio, (b) accounts receivable turnover ratio, and (c) days' sales in receivables for the year ending April 30, 2024. Evaluate each ratio value as strong or weak. Northrend sells on terms of net 30. (Round days' sales in receivables to a whole number.) (Ignore leap-years, using a 365-day where needed.) (a) Compute Northrend's acid-test ratio. (Round your final answer to two decimal places. Abbreviation used: Avg. = Average; Invest. = Investment, Liab. = Liabilities, Merch. = Merchandise; Receiv. = Receivable; Rev. = Revenue.) Cash + Short-term Invest. Net Current Receiv. Total Current Liab. Acid-test ratio Data Table Accounts Payable $ 327,000 345,740 Cash $ 232,000 Accounts Receivable, net: April 30, 2024 April 30, 2023 Cost of Goods Sold Merchandise Inventory April 30, 2024 April 30, 2023 280,000 116,000 1,190,000 147,000 Short-term Investments Net Credit Sales Revenue 230,000 3,175,500 440,000 Other Current Assets 120.000 Other Current Liabilities 187,000 Long-term Assets Long-term Liabilities 90,000