Using the following year-end information for Calvin's Clothing, calculate the current ratio and acid-test ratio for the business: Cash Short-term investments Accounts receivable Inventory $2,000 12,000 54,000 325,000 Prepaid expenses 17,500 Accounts payable 106,500 Other current payables 25,000 1.80 and 0.90 b) 1.97 and 1.52 06 e 3.50 and 0.90 1.80 and 1 2.73 and 1.52