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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 $ 20,100 8,500 13,400 24,000

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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 $ 20,100 8,500 13,400 24,000 6,800 28,000 Compute the current ratio and (acid-test ratio. Complete this question by entering your answers in the tabs below. Cumist . Ratio Acid Test Ratio Compute the current ratio. Current Ratio Denominator: Numerator Current Ratio Current assets Current liabilities Current ratio 2.8 to 1 72.800 $ 28,000 Acid Test Ratio > Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities 8.50 13,400 24,00 6,0 28. Compute the current ratio and (1) 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 Rate Denominator And Ted Rao Numerator Acid-test ratio .

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