What is the acid test ratio?

10 00:38:34 11,600 24,660 21,210 10,500 36,218 53,001 46,718 67,928 77 , 661 20,100 17,600 21,160 18,540 27 740 35,688 47,301 40, 188 67,928 77 , 661 71, 65, 40, 39, 31, 26, 42,801 35,688 Weller Corporation Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, Inventory Prepaid expenses Total current assets net Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Longterm liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paidin capital Total paidin capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Weller Corporation This Year 1,190 10,400 12,300 770 10,500 501 910 150 9,200 30 360 500 4, 4,500 801 Last Year 1,370 7,700 540 790 150 9,200 500 4, 4,500 Comparative Income Statement and Reconciliation (dollars in thousands) Sates Cost of goods sold Gross margin Selling and administrative expenses : Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings This Year 11,1 6,500 17,600 13,400 920 12,480 4,992 7,488 375 7,113 35 688 Last Year 10,100 6,400 16,500 9,500 920 8,580 3,432 5,148 4,948 30 740 Ending retained earnings Required: finanrial ratine fnr thie uzar