Pritchett Company reported the following year end data Cash $ 25,000 8,000 Short term investments Accounts receivable (current) Inventory 19,500 27,500 Prepaid (current) assets 11,000 Total current liabilities 35,000 Compute the (a) current ratio and (b) acid test ratio Pritchett Company reported ...

To compute the current ratio and acidtest ratio we need to use the fol ...

Pritchett Company reported the following year-end data: Cash $ 25,000 8,000 Short-term investments Accounts receivable (current)...

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Pritchett Company reported the following year-end data: Cash $ 25,000 8,000 Short-term investments Accounts receivable (current)...

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