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Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio $53,350 Cash Short-term investments 11,000 45,000 Accounts receivable Inventory Prepaid

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Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio $53,350 Cash Short-term investments 11,000 45,000 Accounts receivable Inventory Prepaid expenses Accounts payable Other current payables 250,000 10,650 94,200 25,300 Multiple Choice 3.01 and 1.09. 1.00 and 3.93 1.09 and 3.10. 3.10 and 0.92

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