Business, 14.04.2020 21:47 balla40

Ritchett Co. reported the following year-end data: Cash $ 15,000 Short-term investments $ 5,000 Accounts receivable (current) $ 8,000 Inventory $ 20,000 Other current assets $ 6,000 Total current liabilities $ 20,000 Compute the (a) current ratio and (b) acid-test ratio.

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Ritchett Co. reported the following year-end data: Cash $ 15,000 Short-term investments $ 5,000 Acco...