Northrend Clothiers reported the following selected items at April 30, 2024 (last year's-2023-amounts also given as needed): BE: (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 ( 345740 + 147000 232000 ) 90000 = Data Table - x Accounts Payable $ 327,000 Accounts Receivable, net: Cash 345,740 $ April 30, 2024 April 30, 2023 Merchandise Inventory: April 30, 2024 280,000 Cost of Goods Sold 232,000 116,000 1,190,000 147,000 120,000 187,000 April 30, 2023 230,000 Short-term Investments Net Credit Sales Revenue 3,175,500 Other Current Assets 440,000 Other Current Liabilities Long-term Assets Long-term Liabilities 90,000 Print Done