Question: DE18-10 Use the Lucent Technologies balance sheet data in Exhibit 18-2 (page 714). 1. Compute the company's acid-test ratio at September 30, 1999 and 1998.

DE18-10 Use the Lucent Technologies balance sheet data in Exhibit 18-2 (page 714). 1. Compute the company's acid-test ratio at September 30, 1999 and 1998. 2. Compare Lucent's ratio values to those of MCI WorldCom and Wal-Mart on page 724. Is Lucent's acid-test ratio strong or weak? Explain.

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