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 Prepaid expenses Accounts payable Other current payables 57,660 13,500 57,000 260,000 8,850 107,500 31,800 Multiple Choice 1.85 and 1.00 0.35 and 1.09 3.10 and 1.09 2.85 and 0.92 1.85 and 0.92