Refer to the following selected financial information from WorkFit Corporation. Compute the company's acid-test ratio. $\begin{array}{lr}
\text { Cash } & \$ 2,250 \
\text { Short-term investments } & 60,000 \
\text { Accounts receivable, net } & 79,500 \
\text { Merchandise inventory } & 115,000 \
\text { Prepaid expenses } & 9,700 \
\text { Accounts payable } & 111,400
\end{array}$
A) 2.75.
B) 2.66.
C) 0.92.
D) 1.12.
E) 1.63.

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The Answer of Refer to the following selected financial information from WorkFit Corporation. Compute the company's acid-test ratio. $\begin{array}{lr}
\text { Cash } & \$ 2,250 \
\text { Short-term investments } & 60,000 \
\text { Accounts receivable, net } & 79,500 \
\text { Merchandise inventory } & 115,000 \
\text { Prepaid expenses } & 9,700 \
\text { Accounts payable } & 111,400
\end{array}$
A) 2.75.
B) 2.66.
C) 0.92.
D) 1.12.
E) 1.63.

Refer to the Following Selected Financial Information from WorkFit Corporation