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Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory 59:18 Other current assets Total current liabilities k ces $20,200

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Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory 59:18 Other current assets Total current liabilities k ces $20,200 $ 8,600 $11,800 $28,600 $12,000 $29,000 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 >

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