On

AugustAugust

$3131,$

$20252025,$

Amsterdam Floral SupplyAmsterdam$$Floral$$Supply

had a

$ $155$ comma $000$$$155,000$

debit balance in Accounts Receivable and a

$ $6$ comma $200$$$6,200$

credit balance in Allowance for Bad Debts. During

SeptemberSeptember$,$

Amsterdam Floral SupplyAmsterdam$$Floral$$Supply

$$made:

times$$

Sales on$$ account,

$ $590$ comma $000$$$590,000.$

Ignore Cost of Goods Sold.

times$$

Collections on$$ account,

$ $627$ comma $000$$$627,000.$

times$$

$$Write$-$offs of uncollectible$$ receivables,

$ $7$ comma $000$$$7,000$

Aladdin CarpetsAladdin$$Carpets$\text{'}$

$$acid$-$test ratio for

$20252025.$

$($Round to two$$ decimals.$)$ Determine whether

Aladdin CarpetsAladdin$$Carpets$\text{'}$

$$acid$-$test ratio improved or deteriorated from

$20242024$

to

$20252025.$

How does

Aladdin CarpetsAladdin$$Carpets$\text{'}$

$$acid$-$test ratio compare with the industry average of$0\mathrm{.}80?($Abbreviations used: Cash$=$ Cash including cash$$ equivalents; ST invest.$=$ short$-$term investments. Round the acid test ratio to two$$ decimals, X$.$XX$.)$

Calculate the$$ acid$-$test ratio for both years.