Refer to the following selected financial information from Texas Electronics, Compute the company's acid-test ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,900 $ 32,650 94,000 62,000 87,500 81,500 123,000 127,000 12,500 10,100 390,000 340,000 111,400 109,800 713,000 678,000 392,000 377,000