This Question: 4 pts 38 of 60 (42 complete) This Test: 120 pts possible The financial statements of Silver Corporation include the following items: (Click the icon to view the data.) Compute the following ratios for the current year (Click the loon to view the ratios.) 7. Compute the current ratio for the current year Begin by selecting the formula labels, then enter the amounts and compute the current ratio for the current year. (Round your answer to two decimal places, X.XX.) Current ratio 8. Compute the acid-test ratio for the current year. Select the formula labels, enter the amounts and compute the acid-test ratio for the current year. (Abbreviations used: Net AR Net Accounts Receivables Merchandise Inv. Merchandise Inventory, ST investments Short-term Investments. Round your answer to two decimal places, X.XX.) Acid-test a ratio ) 1