QS 4-14 Computing and interpreting acid-test ratio LO A1 Cash Accounts receivable Inventory $1,400 1,939 4,500 Prepaid expenses Accounts payable Other current liabilities $ 600 4,500 800 Use the above information on current assets and current liabilities to compute the acid-test ratio. Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio 11 11 to 1