Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (curre Inventory Other current assets Total current liabilities $15,300 $ 3,000 $ 7,000 $ 23,600 $ 6,300 $23,000 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....... Current Ratio Choose Numerator: Choose Denominator: = Current assets Current liabilities = = 1 current Ratio Current Ratio Current ratio 0 to 1 Acid Test Ratio > Powers Company reported net sales of $1,400,000, average Accounts Receivable, net of $58,500, and net income of $59,525. The accounts receivable turnover ratio is: Multiple Choice o 22.9 times. o 469 times. o O 42 times o 249 times. 23.9 times