Refer to the following selected financial information from Texas Electronics. Compute the company's acid-test ratio for Year 2. 14 2 0 0 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 $ 38,600 $ 33, 350 101,000 65,500 91,000 85,000 126,500 130,500 13,200 10,800 393,500 343,500 107,900 113,300 716,500 681,500 395,500 380,500 Multiple Choice 3.43 O 2.14 331 ME Graw Hall