Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $25,000 $ 8,000 $19,500 $27.500 $11,000 $35.000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. ences Currenthiatio Acid Test Ratio Compute the current ratio. Current Ratio Choose Numerator: Choose Denominator: Current assets Current liabilities 63,500S 35.000 = Current Ratio Current ratio 1.8 to 1 Acid Test Ratio > Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current sets Total current liabilities $25.000 $ 8.000 $19.500 $27,500 $11.000 $35.000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. ences Current Ratio Acht Test Ratio Compute the acid-test ratio. Acid-Test Ratio Choose Numerator: Choose Denominator - Acid-Test Ratio Acid-test ratio 0 to 1