Question: 2 15 points Skipped Print References Use the following table: Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Quick ratio Case

2 15 points Skipped Print References Use the following table: Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Quick ratio Case X Case Y $ 780 $ 820 0 0 1,800 1,200 0 920 880 560 $3,780 $3,180 $2,000 $1,000 Case X Required: Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term obl most easily. (Round your answers to 2 decimal places.) Case Y Case Z $1,040 440 750 3,620 810 Case Z $6,660 $3,230 Best Case

Use the following table: Required: Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term of most easily. (Round your answers to 2 decimal places.)

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