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Priene co reporteu ue Olowing year-enu Udld. Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $15,400 $ 5,300 $10,500 $28,000

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Priene co reporteu ue Olowing year-enu Udld. Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $15,400 $ 5,300 $10,500 $28,000 $ 8,000 $24,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Choose Numerator: Current Ratio | Choose Denominator: Current Ratio Current ratio to 1 = Current Ratio Acid Test Ratio > Current Ratio Acid Test Ratio Compute the acid-test ratio. Acid-Test Ratio Choose Numerator: 1 Choose Denominator: 1 Acid Test Ratio Acid-test ratio to 1 1

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