Question: QS 13-6 Computing current ratio and acid-test ratio LO P3 Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other

 QS 13-6 Computing current ratio and acid-test ratio LO P3 Pritchett

QS 13-6 Computing current ratio and acid-test ratio LO P3 Pritchett Co. reported the following year-end data: Cash Short-term investments Accounts receivable (current) Inventory Other current assets Total current liabilities $25,200 $ 7,900 $15,000 $21,600 $ 8,000 $37,000 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 1 Choose Denominator: Choose Numerator: Current Ratio Current ratio to 1 Current Ratio Acid Test Ratio >

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