Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other...
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Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $ 15,100 $ 7,000 $ 9,400 $17,000 $ 6,100 $21,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the current ratio. Current Ratio T Choose Denominator: = Choose Numerator: Current assets Current Ratio Current ratio 0 to 1 Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $15,100 $ 7,000 $ 9,400 $17,000 $ 6,100 $21,000 Compute the (a) current ratio and (b) acid-test ratio. Complete this question by entering your answers in the tabs below. Current Ratio Acid Test Ratio Compute the acid-test ratio. Acid-Test Ratio Choose Numerator: Choose Denominator: = = Acid-Test Ratio Acid-test ratio 0 to 1 Current Ratio Acid Test Ratio )
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