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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 $ 15,400 5,300 10, see

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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 $ 15,400 5,300 10, see 28,000 8,888 24,000 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 Denominator: Numerator: 11 11 Current Ratio Current ratio to 1 1 Soved Help Sovet Submit Prepaid (current) assets Total current liabilities 3,000 24,600 Compute the () 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 acid-test ratio Acid-Test Ratio Denominator Numerator: Acid-Test Ratio Addrostate 001 :

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