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Pilgrim Clothiers reported the following selected items at December 31, 2024 (last year's-2023-amounts also given as needed) (Click the icon to view the financial

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Pilgrim Clothiers reported the following selected items at December 31, 2024 (last year's-2023-amounts also given as needed) (Click the icon to view the financial data.) Compute Pilgrim's (a) acid-test ratio, (b) accounts receivable turnover ratio, and (c) days' sales in receivables for the year ending December 31, 2024 Evaluate each ratio value as strong or weak Pilgrim 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 Pilgrim'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) )+ Acid-test ratio

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