Annies Attick reported the following information for December 31. 
(1)Explain the purpose of the acid-test ratio.
(2)Calculate the acid-test ratio.
(3)What does the acid-test ratio reveal about Annies Attick?
Definitions:
Total U.S. Workforce
The complete count of all employed individuals within the United States, including both private and public sectors.
Total Revenue
The complete sum of financial income generated by an entity from its various activities, including sales, donations, services, and investments.
Charitable Nonprofits
Organizations that are established for philanthropic purposes and are exempt from federal income tax under section 501(c)(3) of the IRS code.
Tax-Exempt
The status granted to organizations that exempts them from paying certain taxes due to their charitable, educational, or religious nature.
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