Data from Panganiban Corporation's most recent balance sheet appear below: 
Required:
Compute the company's acid-test ratio. Show your work!
Definitions:
Null Hypothesis
A standard assumption that posits no meaningful difference or impact exists, usually examined in contrast with a contrasting hypothesis during statistical evaluation.
Two-sided
Pertaining to tests or intervals in statistics that consider both directions or sides of a distribution, typically involving a range of values both above and below a certain point.
Population Mean
The average of a set of properties, characteristics, or values in a population.
Null Hypothesis
A statement in statistics that there is no significant difference or effect, used as a default assumption until evidence suggests otherwise.
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