Saved Refer to the following selected financial information from McCormik, LLC. Compute the company's acid-test ratio for Year 2 37 00-5:20 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 $ 39,000 $ 33,750 105,000 67,500 93,000 87,000 128,500 132,500 13,600 11,200 395,500 345, 500 105,900 115, 300 718,500 683,500 397,500 382,5ee Multiple Choice O 224 358 Mc Gram Hill Prev 37 of 46 !!! Next > a o El Type here to search E