Question: please answer in the order shown Pritchett Company reported the following year-end data: Cash $ 15,800 Short-term investments 8, 800 Accounts receivable (current) 11,400 Inventory


Pritchett Company reported the following year-end data: Cash $ 15,800 Short-term investments 8, 800 Accounts receivable (current) 11,400 Inventory 30,000 Prepaid (current) assets 15,000 Total current liabilities 30,000 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 Denominator: Numerator Current Ratio Current ratio = 10 1 Show All items Acid Test Ratio > Pritchett Company reported the following year-end data: Cash $ 15,800 Short-term investments 8.800 Accounts receivable (current) 11,400 Inventory 30,000 Prepaid (current) assets 15,000 Total current liabilities 30,000 Compute the (my 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 Denominator Numerator Acid Test Ratio Acid-test 1 -
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