Selected financial statement data for XYZ Company are presented below. tatus: Cash Short-term investments 12/31/17 Accounts receivable $ 15,000 Inventories 20,000 Total current liabilities 60,000 57,000 Instructions 100,000 Compute the following ratios at December 31, 2017: (a) Current (b) Acid-test Ave this response. In Garland Company, land decreased $160,000 because of a cash sale for $160,000, the equipment account increased $60,000 as a result of a cash purchase, and Bonds Payable increased $220,000 from issuance for cash at face value The net cash provided by investing activities is