The following information on current assets and current liabilities is for Belkin Company Cash Accounts receivable Inventory $1,340 Prepaid expenses 2,023 Accounts payable 4,300 Other current liabilities $ 600 5,100 600 a. Compute Belkin's acid-test ratio b. If its competitor, Logit has an acid-test ratio of 12, which company has a better ability to pay for current liabilities with its quick assets? Complete this question by entering your answers in the tabs below.. Required A Required B Compute Belkin's acid-test ratio. Choose Numerator Belkin's acid-test ratio Choose Denominator Acid-Test Ratio Acid-test ratio to 1 The following information on current assets and current liabilities is for Belkin Company Cash Accounts receivable Inventory $1,340 Prepaid expenses 2,023 Accounts payable 4,380 Other current liabilities $ 600 5,100 600 a. Compute Belkin's acid-test ratio. b. if its competitor, Logit, has an acid-test ratio of 12 which company has a better ability to pay for current liabilities with its quick assets? Complete this question by entering your answers in the tabs below.. Required A Required B If its competitor, Logit has an acid-test ratio of 1.2, which company has a better ability to pay for current liabilities with its quick assets? Which company has a better ability to pay for current liabilities with its quick assets?