Data from Yochem Corporation's most recent balance sheet appear below: 
Required:
Compute the company's acid-test ratio. Show your work!
Definitions:
Gold Spot Price
The current market price at which gold can be bought or sold for immediate delivery.
Defect Of Title
A legal issue with the ownership rights of property or real estate, making the transfer of a clear title to the property problematic.
Holder In Due Course
A legal term referring to a person who has received a negotiable instrument in good faith and for value, and thus has certain protections against defenses and prior claims to the instrument.
Endorser
A person who signs a document (usually on its back) transferring their rights to another person.
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