Presented below is information available for Tom Company. Chapter 13 Current Assets Cash $ 8,000 Short-term investments 65,000 Accounts receivable 95,000 Inventory 110,000 Prepaid expenses 30,000 Total current assets $308,000 Total current liabilities are $235,000. The acid-test ratio for Tom is:

What is the Current Ratio?

What would you tell Marley?