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Pritchett Company reported the following year-end data: Cash $ 20,200 Short-term investments 8,600 Accounts receivable (current) 11,800 Inventory 28,600 Prepaid (current) assets 12,000 Total current

Pritchett Company reported the following year-end data: Cash $ 20,200 Short-term investments 8,600 Accounts receivable (current) 11,800 Inventory 28,600 Prepaid (current) assets 12,000 Total current liabilities 29,000

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Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities $2,2808,6011,8028,6012,0029,00 Compute the ( d) 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. Pritchett Company reported the following year.end data Cash Sbort-ters investrents Accounts cecelvable (curcent) Inventory Prepald (current) assets total current liabilities Compute the (a) current rato and (b) acld-test rotio. Complete this question by entering your answers in the tabs below. Gurrent Ratio Acid Test Ratio Compute the acid-test ratio

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