Refer to the following selected financial information from Texas Electronics. Compute the company's acid-test ratio for Year 2. Cash Year 2 Year 1 $ 39,400 $ 34, 150 109,000 69,500 Short-term investments Accounts receivable, net 95,000 89,000 Merchandise inventory 130,500 134,500 14,000 Prepaid expenses Plant assets 11,600 Accounts payable Net sales 397,500 347,500 103,900 117,300 720,500 685,500 Cost of goods sold 399,500 384,500 Multiple Choice 3.73. 3.60. Multiple Choice O 3.73. O 3.60. O 2.34. 2.48. 2.68. O