Homework: Week 5 - Chapter 08 exercises Save Score: 0 of 1 pt 6 of 8(7 complete) HW Score: 80.23%, 642 of 8 pts S9-13 (similar to) EQuestion Help Gardner Clothiers reported the following selected items at January 31, 2016 (ast year's-2015-amounts also given as needed) EE(Click the icon to view the financial data.) Compute Gardners (a) acid-test ratio, (b) Gardner sells on terms of net 30 (Round days' sales in receivables to a whole number.) accounts receivable turnover rato, and (c) days' sales in receivables for 2016. Evaluate each ratio value as strong or weak (a) Compute Gardner's acid-test ratio. (Round your final answer to two decimal places. Abbreviation used Avg. - Merch. Merchandise, Recelv, - Receivable: Rev Revenue.) Average, Invest-Investment,Liab. Liabites Net Current Recev.Shor-term InvestTotal Short-term Invest 149000 Total Current Liab Acid-test ratio 313740 278000 740740 Choose from any list or enter any number in the input fields and then click Check