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Return to question Required information Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct
Return to question Required information Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in Iny 1A Days Sal Uncol 1 B short term For both companies compute the acid-test ratio. (b) Acid-Test Ratio Company Numerator: Denominator: Cash + Short-term investments + Current receivables / Current liabilities = Acid-Test Ratio Acid-test ratio to 2.9 1 Barco $ 61,340 X + $ 66,000 X + $ 66,000 X 1 $ 66,000 X 11 Kyan 1 $ 61,340 X + 1 + = 0 to 1
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