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Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio: Cash Short-term investments Accounts receivable Inventory Prepaid expenses Accounts payable

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Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio: Cash Short-term investments Accounts receivable Inventory Prepaid expenses Accounts payable other current payables $51,770 10,800 44,500 249,000 11,430 93,500 25,000 Multiple Choice Multiple Choice 3.10 and 0.32. 3.00 and 1.11. 3.10 and 0.90. 1.00 and 3.93. 1.11 and 3.10

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