The acid-test ratio differs from the current ratio in that: Multiple Choice Liabilities are divided by current assets o Prepaid expenses and Inventory are excluded from the calculation of the acid-test ratio C ) The old-test ratio measures profitably and the current ratio does not DEERE Multiple Choice Liabilities are divided by current assets. Prepaid expenses and inventory are excluded from the calculation of the acid-test ratio. The acid-test ratio measures profitability and the current ratio does not The acid-test ratio excludes short-term investments from the calculation The ocio-test roto is a measure of Houloty but the current ratio not