QS 13-9 (Algo) Computing current ratio and acid-test ratio LO P3 Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets $ 25,200 7,900 15,000 21,600 8,000 37,000 Total current liabilities 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. Numerator: Current Ratio Denominator: Current Ratio = Current Ratio Current ratio to 1 Acid Test Ratio > QS 13-9 (Algo) Computing current ratio and acid-test ratio LO P3 Pritchett Company reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Prepaid (current) assets Total current liabilities. $:25,200 7,900 15,000 21,600 8,000 37,000 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 acid-test ratio. Acid-Test Ratio Numerator Denominator