Question 10 Not yet answered Wentwood Clothing Store reported the following selected items at June 30, 2019 (previous year - 2018 - amounts are also given as needed): SHOW WORK FOR PARTIAL CREDIT Marked out of 10.00 Flas question Cash $ 80,000 Accounts Receivable, net: June 30, 2019 45,000 June 30, 2018 53,000 Accounts Payable 55,000 Cost of Goods Sold 288,000 Merchandise Inventory June 30, 2019 70,000 June 30, 2018 90,000 Net Credit Sales Revenue 480,000 Long-Term Assets 220,000 Long-Term Liabilities 140,000 Other Current Assets 150,000 Other Current Liabilities 130,000 Short-term Investments 40,000 Compute Wentwood's acid-test ratio (Quick Ratio) on June 30, 2019. Show your computations Round the answer to 2 decimal places