Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities $ 15,800 8,800 11,400 30,000 15,000 30,000 Compute the (a) current ratio and (b) acid-test ratio. Answer is not complete. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Numerator: Current assets Current Ratio Denominator: Current liabilities $ 30,000 Current Ratio Current ratio > II 1 to 1