Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $20,000 $ 8,400 $14,800 $17,600 $ 6,700 $27,000 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. Cash Current Ratio Current assets Choose Numerator: Choose Denominator: = Current Ratio = Current ratio Current liabilities = 0 to 1 Current receivables Current Ratio Acid Test Ratio Compute the acid-test ratio. Choose Numerator: + + + + Acid-Test Ratio / Choose Denominator: = Acid-Test Ratio = Acid-test ratio = 0 to 1 < Current Ratio Acid Test Ratio